dido:public:ra:xapend:xapend.a_glossary:s:stablecoin
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dido:public:ra:xapend:xapend.a_glossary:s:stablecoin [2022/03/12 15:25] nick created |
dido:public:ra:xapend:xapend.a_glossary:s:stablecoin [2022/03/15 16:40] (current) char |
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| [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] | ||
| - | A **Stablecoin** is a class of cryptocurrencies that attempt to offer price stability and are backed by a reserve asset. **Stablecoins** have gained traction as they attempt to offer the best of both worlds—the instant processing and security or privacy of payments of cryptocurrencies, and the volatility-free stable valuations of fiat currencies. | + | A **Stablecoin** is a class of cryptocurrencies that attempts to offer price stability and are backed by a reserve asset. **Stablecoins** have gained traction as they attempt to offer the best of both worlds—the instant processing and security or privacy of payments of cryptocurrencies, and the volatility-free stable valuations of fiat currencies. |
| * **Stablecoins** are cryptocurrencies that attempt to peg their market value to some external reference. | * **Stablecoins** are cryptocurrencies that attempt to peg their market value to some external reference. | ||
dido/public/ra/xapend/xapend.a_glossary/s/stablecoin.1647116732.txt.gz · Last modified: 2022/03/12 15:25 by nick
