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Bookmark or Share- What is stablecoin? Here’s what you need to know - CNNWhat is the purpose of stablecoin? The first stablecoin was created in 2014 to help facilitate transactions in the crypto system because at the time, banks were reluctant to...
- What is a stablecoin? | CoinbaseStablecoins are a type of cryptocurrency whose value is pegged to another asset, such as a fiat currency or gold, to maintain a stable price. They strive to provide an alternative to the high volatility of popular cryptocurrencies, making them potentially more suitable for common transactions.
- Stablecoins: Definition, How They Work, and Types - InvestopediaStablecoins are cryptocurrencies whose value is pegged, or tied, to that of another currency, commodity, or financial instrument. Stablecoins aim to provide an alternative to the high...
- Stablecoin - WikipediaA stablecoin is a type of cryptocurrency where the value of the digital asset is supposed to be pegged to a reference asset, which is either fiat money, exchange-traded commodities (such as precious metals or industrial metals), or another cryptocurrency.
- What Are Stablecoins? – Forbes AdvisorA stablecoin is a cryptocurrency whose value is pegged to the price of another asset, hence the term “stable.” For example, if functioning correctly a stablecoin pegged to the U.S. dollar...
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