Stablecoin
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Categories: Cryptocurrency
A stablecoin is a crypto asset that normally takes the form of a coin or token that is connected or supported by an underlying asset including currencies or basket of commodities. The basic goal of stablecoins is to aid in developing of an alternative financial system with currency units not dependent or controlled by a government or other centralized entity.
Stablecoin (Wikipedia)
Stablecoins are cryptocurrencies where the price is designed to be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities (such as precious metals or industrial metals).
