Altcoins > State-backed cryptocurrency

What are types of Stablecoin?

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shirawilliam:
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!!

Ferozas:
Stablecoins are used to manage/control volatility

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