Stablecoin

Cryptocurrency designed to maintain a stable value, generally backed by assets or algorithms.

What is it? - Dummies

It is a digital currency that is worth almost the same as the euro or dollar so that it doesn't go up or down much in price.

What is it? - PRO

A stablecoin is a cryptographic token that maintains its value anchored to a stable asset (such as the dollar or gold) through collateralization or algorithmic mechanisms, providing stability and usability in payments and trading in the crypto ecosystem.

Key points

Backed by fiat, crypto or algorithms.

They reduce typical cryptocurrency volatility.

Frequent use in trading and payments.

Examples: USDT, USDC, DAI.

Sales and disadvantages

Advantages:

Stability for users and companies.
They facilitate adoption and everyday use.
They can act as a bridge between crypto and fiat.

Disadvantages:

Counterparty risk in centralized stablecoins.
Dependency on reserves and transparency.
Increasing regulatory risks.

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