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What is Stablecoin

A stable asset serves as the market value guarantor for the cryptocurrency known as a stablecoin, which has a fixed price. Stablecoins differ from regular cryptocurrencies in that they can be pegged to assets like specific fiat currencies that can be traded on exchanges, like the US dollar or the Euro, for example. Some stablecoins can be linked to a variety of assets, such as other cryptocurrencies or even precious metals like gold.


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