Q. What is 'Stablecoin', recently mentioned in news?
Answer:
Cryptocurrency
Notes: Recent volatility in the Stablecoin market, including the collapse of TerraUSD, has raised concerns about their stability and reliability. Stablecoins are cryptocurrencies pegged to assets like fiat currency or commodities (e.g., gold) to maintain a stable price. They offer an alternative to the high volatility of popular cryptocurrencies, making them potentially more suitable for everyday transactions.