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@nft137
In the world of #crypto, the market needs a currency that can offer stability and that is where Stablecoin comes in. #Stablecoin is able to accomplish that by tying themselves to fiat currencies and other stable assets.  Stablecoins can be collateralized (backed) by the fiat currency they are pegged to, or they can be tied to the fiat through algorithms that buy and sell the asset to match the price. They can also be pegged to other crypto currencies that are considered stable.  Click the LINK IN BIO to learn more about Stablecoin.

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  • crypto
  • stablecoin