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).