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Stablecoins, Explained

April 30, 2019 by DIGIT
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They have been touted as the silver bullet for eliminating crypto price volatility. But what are stablecoins, how do they work, and what are their downsides?

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Categories Adoption, Bitcoin, Blockchain, Ethereum, Facebook, Lending, Mainstream, Satoshi Nakamoto, Stablecoin, Tether
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  • bitcoinBitcoin(BTC)$96,823.00-2.03%
  • ethereumEthereum(ETH)$3,298.63-4.88%
  • tetherTether(USDT)$1.00-0.11%
  • solanaSolana(SOL)$245.57-5.94%
  • binancecoinBNB(BNB)$645.20-4.26%
  • rippleXRP(XRP)$1.35-13.87%
  • dogecoinDogecoin(DOGE)$0.409058-12.10%
  • usd-coinUSDC(USDC)$1.00-0.17%
  • cardanoCardano(ADA)$0.98-11.59%
  • staked-etherLido Staked Ether(STETH)$3,300.99-4.69%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$96,823.00-2.03%
  • ethereumEthereum(ETH)$3,298.63-4.88%
  • tetherTether(USDT)$1.00-0.11%
  • solanaSolana(SOL)$245.57-5.94%
  • binancecoinBNB(BNB)$645.20-4.26%
  • rippleXRP(XRP)$1.35-13.87%
  • dogecoinDogecoin(DOGE)$0.409058-12.10%
  • usd-coinUSDC(USDC)$1.00-0.17%
  • cardanoCardano(ADA)$0.98-11.59%
  • staked-etherLido Staked Ether(STETH)$3,300.99-4.69%