Understanding Stablecoins and Synthetic Assets
Stablecoins are cryptocurrencies designed to minimize price volatility by pegging their value to another stable asset like fiat currency. They provide stability and are used in various price stabilization mechanisms. Central Bank Digital Currencies (CBDCs), fiat-collateralized stablecoins, crypto-co
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Understanding Stablecoins: A Detailed Analysis by Katerina Liu
Stablecoins, a type of cryptocurrency designed to minimize price fluctuations, come in four main types: fiat collateralized, commodity collateralized, crypto collateralized, and non-collateralized. Among these, fiat-based stablecoins have shown higher survival rates compared to commodity-backed ones
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