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what is is true about stablecoins ?

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  • Listed: 20 December 2023 16h13
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https://www.investopedia.com/terms/s/stablecoin.asp

https://www.investopedia.com/terms/s/stablecoin.asp
Stablecoins: Definition, How They Work, and Types – Investopedia
Jul 6, 2023Stablecoins 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.forbes.com/advisor/investing/cryptocurrency/stablecoins

https://www.forbes.com/advisor/investing/cryptocurrency/stablecoins
What Are Stablecoins? – Forbes Advisor
Aug 17, 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.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
Sep 16, 2022Stablecoins make true peer-to-peer digital transfers possible without the need for third-party intermediaries to facilitate transactions. In theory, stablecoins cut down on the fees, transfer time …

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

https://www.nerdwallet.com/article/investing/stablecoin
Stablecoin Definition: What Are They and How Do They Work?
May 6, 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/what-is-a-stablecoin

https://www.coindesk.com/learn/what-is-a-stablecoin
What Are Stablecoins? Understanding How Stablecoins Work – CoinDesk
Sep 16, 2022Stablecoins are a type of cryptocurrency whose value is tied to another asset class to keep a stable, steady value. The most popular kind of stablecoins are fiat-backed stablecoins, which are…

https://www.businessinsider.com/personal-finance/stablecoin?op=1

https://www.businessinsider.com/personal-finance/stablecoin?op=1
Stablecoin 101: Definition, Collateral, How They Work – Business Insider
Stablecoins are digital assets that are designed to maintain a stable price over time. Stablecoins are often pegged to fiat currency, such as the US dollar, and backed by collateral. People …

https://www.investopedia.com/tech/stablecoin-answer-all-cryptocurrency-problems

https://www.investopedia.com/tech/stablecoin-answer-all-cryptocurrency-problems
Is Stablecoin the Answer to All Cryptocurrency Problems? – Investopedia
Jul 20, 2022Stablecoins are cryptocurrencies designed to provide stable value Stable currencies are more useful as a store of value and medium of exchange Stablecoins minimize typical cryptocurrency…

https://www.techradar.com/news/what-is-a-stablecoin-everything-you-need-to-know

https://www.techradar.com/news/what-is-a-stablecoin-everything-you-need-to-know
What is a stablecoin? Everything you need to know | TechRadar
In a nutshell, stablecoins are cryptocurrencies that are designed to minimise price volatility relative to a particular stable asset or basket of assets. Unlike traditional cryptocurrencies…

https://seekingalpha.com/article/4468065-what-are-stablecoins

https://seekingalpha.com/article/4468065-what-are-stablecoins
Stablecoin: What It Is & List of Top Stablecoins | Seeking Alpha
Mar 31, 2023Stablecoins are kinds of cryptocurrency whose value is pegged to a fiat currency like the U.S. dollar, other cryptocurrencies, or a commodity like oil or gold. They provide users with the benefit…

https://builtin.com/cryptocurrency/stablecoins

https://builtin.com/cryptocurrency/stablecoins
What Are Stablecoins? (Definition, How They Work, Types) – Built In
Feb 3, 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. lesoutrali bot

     

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