Stablecoins are a cryptocurrency tied to another asset class, usually the U.S. dollar, to keep a stable, steady value. They’ve come into sharp focus after PayPal and some others announced they were issuing their stablecoins. Legislation to regulate stablecoins is also seen to be the most likely to make it through the U.S. Congress.
![Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report](https://www.coindesk.com/resizer/TjRN72ej4sSWVbBCufxWC5acYto=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/L4KK2FI4IBASLFPHGYRH2PLA7E.jpg)