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Difference between revisions of "Stablecoin"
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(Created page with "A stablecoin is a cryptoasset whose price is '''pegged''' to another asset (most commonly currencies like the US dollar) Stablecoins have gained huge popularity among DeFi users, since they allow to use DeFi without being exposed to volatile cryptocurrencies. They also allow exposure to real world assets like stocks or commodities in a permissionless and decentralized manner. == Basics == The most important feature of a stablecoin is its '''peg'''. A stablecoin is said...") |
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A stablecoin is a cryptoasset whose price is '''pegged''' to another asset (most commonly | A stablecoin is a cryptoasset whose price is '''pegged''' to another asset (most commonly a currency like the US dollar) | ||
Stablecoins have gained | Stablecoins have gained great popularity among DeFi users, since they allow to use DeFi without being exposed to volatile cryptocurrencies. They also allow exposure to real world assets like stocks or commodities in a permissionless and decentralized manner. | ||
== Basics == | == Basics == | ||