what is is true about stablecoins ?

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what is is true about stablecoins ?

Here are some links that might be useful to you:

https://www.investopedia.com/terms/s/stablecoin.asp

https://www.investopedia.com/terms/s/stablecoin.asp
Stablecoins: Definition, How They Work, and Types – Investopedia
12 févr. 2024Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins are more useful than more-volatile cryptocurrencies as a medium of exchange….

https://www.coindesk.com/learn/what-is-a-stablecoin

https://www.coindesk.com/learn/what-is-a-stablecoin
What Are Stablecoins? Understanding How Stablecoins Work – CoinDesk
16 sept. 2022What Is a Stablecoin? Stablecoin (Gerd Altmann/Pixabay) What Is a Stablecoin? With PayPal’s announcement that they are creating a U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), many are…

https://www.nerdwallet.com / article / investing / stablecoin

https://www.nerdwallet.com / article / investing / stablecoin
Stablecoin Definition: What Are They and How Do They Work?
6 mai 2022Stablecoins are a type of Bitcoin alternative (altcoin) that is built to offer more stability than other cryptos. Some are actually backed by a reserve of the asset they represent; others use…

https://www.coindesk.com/learn/whats-the-point-of-stablecoins-understanding-why-they-exist

https://www.coindesk.com/learn/whats-the-point-of-stablecoins-understanding-why-they-exist
What’s the Point of Stablecoins? The Reasons, Risks and … – CoinDesk
16 sept. 2022Stablecoins are meant to provide a predictable haven within the volatile world of cryptocurrency, but they haven’t always been as stable as the name promises. By Megan DeMatteo Updated Mar 22,…

https://www.coinbase.com/learn/crypto-basics/what-is-a-stablecoin

https://www.coinbase.com/learn/crypto-basics/what-is-a-stablecoin
What is a stablecoin? | Coinbase
Learn Crypto Basics What is a stablecoin? Definition A stablecoin is a digital currency that is pegged to a stable reserve asset like the U.S. dollar or gold. Stablecoins are designed to reduce volatility relative to unpegged cryptocurrencies like Bitcoin.

https://www.forbes.com/advisor/investing/cryptocurrency/stablecoins

https://www.forbes.com/advisor/investing/cryptocurrency/stablecoins
What Are Stablecoins? – Forbes Advisor
17 août 2022A 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 should…

https://www.bankofengland.co.uk/explainers/what-are-stablecoins-and-how-do-they-work?sf183447653=1

https://www.bankofengland.co.uk/explainers/what-are-stablecoins-and-how-do-they-work?sf183447653=1
What are stablecoins and how do they work? | Bank of England
6 nov. 2023Explainers What are stablecoins and how do they work? What are stablecoins and how do they work? Stablecoins are a form of digital asset that can be used to make payments. They tend to be less volatile than cryptoassets. That is because their value is tied to other, stable, assets. What is a ? Bitcoin a ?

https://www.coinbase.com/institutional/research-insights/resources/education/what-are-stablecoins-and-why-do-we-need-them

https://www.coinbase.com/institutional/research-insights/resources/education/what-are-stablecoins-and-why-do-we-need-them
What are stablecoins and why do we need them? – Coinbase
21 févr. 2022A stablecoin is a cryptocurrency that is pegged to the value of a reserve asset, with the aim of mitigating price volatility. Most stablecoins use either a fiat currency, a near-cash equivalent or crypto for collateralization, along with protocols that may include economic mechanisms, computer algorithms, or a combination of both.

https://decrypt.co/resources/stablecoins

https://decrypt.co/resources/stablecoins
What Are Stablecoins and How Do You Use Them? – Decrypt
25 oct. 2023Stablecoins are cryptocurrencies that claim to be backed by fiat currencies—dollars, pounds, shekels, rubles, etc. The idea is that, unlike cryptocurrencies like Bitcoin, stablecoins’ prices remain steady, in accordance with whichever fiat currency backs them.

https://builtin.com/cryptocurrency/stablecoins

https://builtin.com/cryptocurrency/stablecoins
What Are Stablecoins? (Definition, How They Work, Types) – Built In
3 févr. 20231. Fiat-Backed Stablecoins Fiat-backed stablecoins are the cryptocurrencies most closely related to fiat (or traditional) currencies because they are backed by real-world currencies. Each fiat-backed stablecoin is tied to a specific fiat currency in a one-to-one ratio. The most common fiat currency to use is the U.S. dollar.
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