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TaC
May 5

Introduction of Stablecoin

Stablecoin is the bridge between the blockchain economic system and the real-world fiat economic system. According to Oxford Languages, stablecoin is defined as “any cryptocurrency designed to have a relatively stable price, typically through being pegged to a commodity or currency or having its supply regulated by an algorithm.“ Two questions need to be answered very first when analyzing a stablecoin project.What asset does the stablecoin peg to?How does the stablecoin maintain its price?The...
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