Stablecoins are cryptocurrencies pegged to external assets like fiat or commodities. They aim to provide stability for everyday transactions. Bitcoin's price volatility made crypto investments less suitable for daily use
Digital currencies exist only in electronic form, not physical. Transactions require computers or internet-connected wallets. Can be centralized or decentralized, like fiat currency
Cryptocurrencies are digital money secured cryptographically for blockchain transactions. Stablecoins pegged to national currencies maintain stable value. Payment tokens serve as legal tender for goods and services. Utility tokens enable specific blockchain network functions. Security tokens represent traditional securities on blockchain
RAI is a non-pegged stable asset backed by Ethereum. Operates independently without fixed peg to fiat currencies. Uses reflexive control mechanism to maintain stability. Features embedded interest rate mechanism for market-driven stability
MiCA is EU's comprehensive crypto regulation adopted in 2023. Creates common rules for crypto service providers across EU. Aims to protect consumers and investors while facilitating innovation
DAI is an Ethereum-based stablecoin maintaining value near $1. MakerDAO controls DAI supply through smart contracts. MKR token holders vote on protocol changes proportional to holdings