Bitcoin Forum

Altcoins => State-backed cryptocurrency => Topic started by: shirawilliam on May 26, 2021, 10:42:28 AM

Title: What are types of Stablecoin?
Post by: shirawilliam on May 26, 2021, 10:42:28 AM
Stablecoin is the sort of cryptocurrency which is widely used for stabilizing the cryptocurrency value. And there are six major types of stablecoin, they are,

Fiat-backed Stablecoin (http://bit.ly/2QDpOng), Crypto-backed Stablecoin , Commodity-backed Stablecoin, Asset-backed Stablecoin (https://bit.ly/359Fk1d).

These stablecoin is also aid to earn money by creating it and more than 200+ successful stablecoin are out there in the market and the best example among them is Tether. To, create your own stablecoin development (http://bit.ly/35rSt3b), ping us!!
Title: Re: What are types of Stablecoin?
Post by: Ferozas on June 20, 2021, 06:04:01 PM
Stablecoins are used to manage/control volatility