1 min to read.
Exploring the World of Stablecoin
Unlock the Secrets of Stablecoin
What is Stablecoin
StableCoins are tokens or coins that have set themselves the goal of reproducing the value of a Fiat currency (e.g. US dollar).
There are different types of stable coins. The best known are stablecoins that are covered 1-to-1 with the respective Fiat currency (e.g. USDT, USDC) or stable coins that use an algorithm to reproduce the reference value (e.g. DAI, USDN).