Difference Between Wrapped Assets, NFTs, and Stablecoins

If you live outside the cryptocurrency and blockchain realm, it can be hard to understand the latest terminologies hitting the headlines and news feeds. However, what’s likely to be more surprising and eye-catching at the same time is the dollar amount mentioned alongside the terminologies. Like, how can a virtual creation of an artwork file sell for close to $70 million?! Well, that’s the amount the highest bidder was willing to pay for an NFT on Christie’s auction a few…