Organisers of Africa's leading cryptocurrency and blockchain conferences.
Blockchain Africa Conference: 16-17 Mar 2023 | Johannesburg and Crypto Fest: 24 Nov 2023 | Cape Town
🌐 Altcoins and stablecoins are both types of cryptocurrencies, but they differ in several key ways.
#Altcoins are simply all are highly volatile #cryptocurrencies other than #Bitcoin, and have different features and uses than Bitcoin, such as faster transaction times or #smartcontracts. Altcoins are also used for #investment purposes, which is not a typical use case for stablecoins.
#Stablecoins are a type of altcoins that are designed to maintain a steady value. They are typically pegged to the US$ or other #fiatcurrencies. Stablecoins are beneficial for people who want to use cryptocurrency but don’t want to deal with the price volatility of typical altcoins. Stablecoins are mainly used as #paymenttokens not investments.
💬Education drives adoption so let us know what else you’d like to learn!