The UK Will Issue Its Own NFT This Summer

The UK government is the latest to join the NFT craze.

Stablecoins are cryptocurrencies whose values are pegged to existing traditional currencies such as pounds, euros and dollars.

It is estimated that around250,000 people trade NFTs each month on OpenSea, the biggest NFT marketplace.

TwitterandInstagramboth announced plans earlier this year to bring NFTs to their platforms.