What is a USD Stablecoin and Do We Really Have Hundreds of Them? | HackerNoon
Briefly

By making dollar values zip around the world at the speed of a Bitcoin on the Lightning Network, final settlement in USD stablecoins becomes possible without any dollars leaving bank vaults. Or even being printed...
A USD stablecoin is a cryptocurrency with a 1:1 peg to the US Dollar, ensuring each coin equals $1 through various collateralization methods like real assets, other cryptocurrencies, or supply manipulation with an algorithm.
Read at Hackernoon
[
|
]