![The Lifeblood of DeFi: Stablecoin Overview](https://images.squarespace-cdn.com/content/v1/66195c231f06fb63f5e0117d/1712938039664-JDAFS41SMUGVVLDG9ZQQ/Stable+coin.jpg)
The Lifeblood of DeFi: Stablecoin Overview
This is the 1st blog in our 4-part series covering the basics of stablecoins. Stablecoins are digital tokens designed to maintain a 1-to-1 peg to a nation’s fiat currency. They can be thought of as a digital representation of a US Dollar. The top ten stablecoins by market cap…