diamDEXX is one of the latest companies to enter the growing stablecoin market. One of the biggest problems for crypto investors is the level of price volatility in the marketplace. Cryptos are a very small market when compared to stocks and bonds, which means that money flows have an outsized effect on crypto prices.
Stablecoins have been used as a safe harbor in the volatile sea of crypto prices. Most stablecoins are backed by the US Dollar, which presents some difficulties.