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What are Stablecoins and what are the risks

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What are Stablecoins?

In other words, a stablecoin is a cryptocurrency whose value is linked to another asset. Fiat money (e.g., the US dollar or the euro) is often used as a secondary asset. Its worth, at least in relation to the associated currency, has remained constant. As previously stated, this is due to the underlying asset’s constant value A dollar, for example, has…

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Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

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