Stablecoin

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Meaning Of Stablecoin

It means the crypto coin/token is less volatile in price usually pegged to a specific currency like USD. Thus, 1Stablecoin is considered to be equal 1USD if pegged to it with a USD equivalent of it in a bank account.

Example of Stablecoin

USDT, PAX, TUSD, USDC etc.

1Stablecoin = 1USD; 1Stablecoin = 1Yen etc.

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