What is Solana ? Everything You Need to Know

Understand Stablecoin

Learn all about Stablecoins and their crucial role in the digital economy

What is a Stablecoin?

What is Stablecoin? Definition, How It Works, and Real-World Uses

Stablecoins are a type of cryptocurrency designed to maintain a stable value. Unlike other cryptocurrencies that can be highly volatile, stablecoins are pegged to a reserve asset such as a fiat currency like the US dollar.

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Stablecoin Mechanisms

How Do Stablecoins Stay Stable

The term “stable” in stablecoin means its price stays close to a fixed value, usually 1 unit of a fiat currency like the US dollar. This differs from coins like Bitcoin or Ethereum, which can change value quickly.

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