This article was prepared by Milford Asset Management and is being published by the NZME as advertorial.
Bridge talks Business: What are stablecoins and why do we need them?
In the world of cryptocurrency, stablecoins are designed to offer price stability, making them less volatile than other cryptos like Bitcoin.Globally, it is believed approximately $255 billion is invested in stablecoin (as of June 2025). But despite the name, stablecoins are not necessarily stable. Milford Credit Analyst Remy Morgan talks to Ryan Bridge about how stablecoins are used, where are they stored, and why they play such a vital role in the crypto market.
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