A stablecoin is a type of cryptocurrency designed to hold a stable value. Unlike other cryptocurrencies that can be very volatile, stablecoins are typically pegged 1-to-1 to a real-world currency, like the US Dollar.
💡 Think of a stablecoin like USDC as a digital dollar. It combines the stability of traditional currency with the speed and global reach of a digital asset.
What is a stablecoin?
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