Although you may be used to cryptocurrency headlines being dominated by the likes of Bitcoin (BTC) and other speculative assets, stablecoins play an essential role in keeping the ecosystem afloat. They also carry plenty of benefits for investors.
Unlike traditional cryptocurrencies such as Bitcoin and Ether (ETH), stablecoins have their values pegged to external assets that exist outside of crypto. These pegs can be gold or fiat currency, like the U.S. dollar.
Because their values are pegged to assets that are far less volatile than most cryptocurrencies, stablecoins are considered, well, “stable” digital currencies that can serve as a store of value.
With this in mind, let’s take a look at seven of the best stablecoins or equities linked to stablecoins to buy today.
This post originally appeared at U.S. News & World Report.