Differences between altcoins and stablecoins

Differences between altcoins and stablecoins

Most individuals venturing into cryptocurrency encounter altcoins and stablecoins, but understanding their distinctions is necessary for making informed investment choices. Altcoins, or alternative cryptocurrencies, generally aim to innovate or compete with Bitcoin, often bringing volatility and potential high rewards. In contrast, stablecoins are pegged to traditional assets, like the US dollar, offering a safer and…