The microcurrency market is kicking off Q3 in the red.

At the time of writing, Bitcoin (BTC) is at $33,261 and Filecoin (FIL) is at $56.47.

There are some microcurrencies that almost never change prices no matter what the overall market does.

I'm talking about stablecoins, digital currencies that are pegged to a fiat currency.

The stablecoin market is expanding rapidly and it looks like the ones pegged to the US dollar are coming out on top.

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