Stablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject to sharp price fluctuations. The general idea behind a stablecoin is to maintain a stable value over a long period of time.
The post USDZ Capital Group Launches USDZ Stablecoin appeared first on Bitcoin News.
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