Altcoins > State-backed cryptocurrency

What are the types of stablecoin?

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shirawilliam:
Stablecoins are generally known for its name, its a sort of cryptocurrency which is used to stabilize the cryptocurrency value. These stablecoins are formed by pegging the tokens with some real-world asset like fiat, gold, etc.
 
[/size]Generally, there are four types of stablecoins they are,
* [/size]Fiat-backed Stablecoin
* [/size]Commodity-backed Stablecoin
* [/size]Crypto-backed stablecoin
* [/size]Non-Collaterlized stablecoin [/size]Know more about [/size]stablecoin development[/font][/url][/color][/size] in detail, click here.

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