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Not All Cryptocurrencies Crashed This Weekend

·3 min read
Not All Cryptocurrencies Crashed This Weekend

Most of the leading digital currencies took a hit, but it was a different story for the stablecoins that lived up to their name in the cryptocurrency food chain. USD Coin (CRYPTO: USDC) and Gemini Dollar (CRYPTO: GUSD) -- two centralized stablecoins that can be swapped 1-to-1 for U.S. dollars since they are backed by cold hard greenbacks -- never wavered from their $1 trading price. Stablecoins passed the test, and thankfully for investors so did the ways to monetize these relatively steady cryptocurrency denominations.