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What is Stablecoin?

Stablecoin is a type of cryptocurrency whose value is linked to an outside asset.  Stablecoins may be hold down/pegged to a currency like the U.S. dollar.

Some of the famous Stablecoins are:

  1. USDT
  2. BUSD
  3. USDC
  4. DAI
  5. PAXG

Updated on June 19, 2021
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