Crypto Pundit
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Crypto Pundit

The Idea Of Stable Coin

Photo by André François McKenzie on Unsplash

The vast majority of cryptocurrencies, including Bitcoin, are completely unsuitable for use as money. As we all know, currency needs to perform various functions such as a medium of exchange, a store of value, and a means of investment. Of these functions, the medium of exchange is the most important. For an item to be a medium of exchange, it must be easy to use not only must it be easy to carry and deliver, but its value must also be stable.

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