Altcoins > State-backed cryptocurrency

What are types of Stablecoin?


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, Crypto-backed Stablecoin , Commodity-backed Stablecoin, Asset-backed Stablecoin.

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, ping us!!

Stablecoins are used to manage/control volatility


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