An Overview of Stablecoin
Stablecoins are directly competing with cryptocurrencies for securing a permanent place within enterprise environment. Understand how stablecoin works and know about the different types of stablecoins.
Key Points
This presentation is for you, if you want to
- Understand what a stablecoin is and how it works.
- Learn about the different types of stablecoins and their key elements.
- Learn about the possible use cases of stablecoins.
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About Stablecoin
Stablecoin is another type of cryptocurrency that can directly compete with the existing cryptos. Due to the nature of the cryptocurrencies such as Bitcoin or Ethereum being extremely volatile, stablecoins emerged to tackle the situation. Stablecoins maintain their value no matter how volatile the market becomes; thus, they are great for any enterprise use cases. Here, we will learn about the different types of stablecoins, their advantages and disadvantages and how do they maintain their stability.