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Stablecoins

Cryptocurrency · Type of cryptocurrency that is reserve backed

About Stablecoins

A stablecoin is a type of cryptocurrency that aims to maintain a stable value relative to a specified asset, a pool or basket of assets. The specified asset might refer to fiat currency, commodity, or other cryptocurrencies. Despite the name, stablecoins are not necessarily stable.

From Wikipedia, CC BY-SA 4.0.

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