Stablecoins have emerged as a crucial component within the realm of decentralized finance (DeFi) protocols. These digital assets, designed to maintain a stable value, play a pivotal role in providing liquidity, stability, and utility to the DeFi ecosystem.
When we think of blockchain, our minds often jump to cryptocurrencies like Bitcoin. However, blockchain technology has far-reaching applications beyond digital currencies.
Since its inception, Bitcoin has disrupted traditional finance. Its decentralization, security, and transparency have won the hearts of many. A unique aspect of Bitcoin is its finite supply, capped at 21 million coins.