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Stablecoins are pegged to fiat currencies such as US Dollar, other cryptocurrencies, precious metals like gold, silver, diamonds or a combination of all. Fiat currency looks to be the most popular option in the crypto market place right now, One unit of stablecoin is equal to $1. List of stablecoins Some of the most popular stablecoins are Tether, Paxos Standard Token Gemini Dollar, BitUSD, Tether: Tether is a well-known stablecoin, and it is the most used stablecoin that aims to keep cryptocurrency valuations stable. Tether belongs to the category of fiat collateralized stablecoins, it is a fiat currency like the US Dollar, it was specifically designed to build the necessary bridge between fiat currencies and cryptocurrencies and offer stability. Some of the crypto traders said that 80% of all bitcoin trading is done in Tether. Paxos Standard Token: This token was issued by the Paxos Trust company, pegged to the US dollar and it is backed by USD reserv...