In cryptocurrencies, where prices can fluctuate by a dozen percent in just one day, stablecoins represent an oasis of stability.
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In the vast cryptocurrency world, where volatility is something more than normal, stablecoins represent a unique class of assets. They provide stability, which is not something characteristic of traditional cryptocurrencies such as Bitcoin and Ethereum.
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3 min
Cryptocurrencies become more popular and well-known in the modern world. Many people have heard about Bitcoin, but there are many other different types of cryptocurrencies, including altcoins, and stablecoins.
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So, what is a cryptocurrency? Watch this article on YouTube Let's start with the fact that any cryptocurrency is a decentralized digital currency that uses cryptography to provide an additional layer of security. It can function independently of various intermediaries, including banks and payment systems. Such a decentralized nature makes direct transactions between people easy and hassle-free. At the same time, instead of using physical wallets and bank accounts, people get access to th
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7 min