Are Stablecoins The Key To Mass Adoption? An Insight to Tether and Petro.
A stablecoin is any cryptocurrency pegged to a stable asset.
Often times stablecoins are linked to a DAO (Decentralized autonomous organisation) which controls issuance and pricing.

Tether: Stable Currency that converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar.
Petro: The petro, or petromoneda, launched in February 2018, is a controversial cryptocurrency developed by the government of Venezuela and it is intended to supplement Venezuela’s plummeting bolívar fuerte currency, as a means of circumventing U.S. sanctions and accessing international financing.


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