Author Topic: What is the role of smart contract in stablecoin?  (Read 911 times)

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Offline shirawilliamTopic starter

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What is the role of smart contract in stablecoin?
« on: February 27, 2021, 01:41:15 PM »

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Stablecoin is a well known cryptocurrency but its not actually an exact crypto coin or token like bitcoin, Ethereum nor ERC20. Stablecoin is a sort of crypto which is used to stabilize the waving crypto values. That is why it is known stablecoin development and it is done by backing some real world asset like fiat, gold, silver, USD etc with any tokens like Ethereum ERC20 token or others.
 
The types of stablecoin is like asset-backed cryptocurrency, fiat-backed stablecoin, gold-backed stablecoin, etc.
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