The Unstoppable Podcast

11 - What Is The Difference Between Tokens And Coins?

Episode Summary

In this episode of the Unstoppable Podcast, we talk about the difference between coins and tokens. While they might seem similar at first glance, it’s important to be clear on the differences and how this affects our activities.

Episode Notes

What’s the difference between a coin and a token? It’s an important distinction, and one that is often confusing to newcomers in the crypto space.

We cover the technical distinction between the two, the different uses for each, and how both coins and tokens derive their value. We also talk about stablecoins — cryptocurrencies tied to a fiat currency like the U.S. Dollar, the different types of stablecoins, and why they're useful.

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