Commodity-Backed Stablecoins
Stablecoins maintain a stable value. They achieve this by pegging their value to more stable assets such as fiat currencies, commodities, or a basket of assets.
![Commodity-Backed Stablecoins](/en/content/images/size/w512h512/format/webp/2024/07/5.07.jpg)
Stablecoins maintain a stable value. They achieve this by pegging their value to more stable assets such as fiat currencies, commodities, or a basket of assets.
Stablecoins have become a critical component of the cryptocurrency ecosystem, offering a bridge between digital assets' volatile world and traditional fiat currencies' stability.
The world of stablecoins is evolving rapidly. This article explores the diverse collateral backing methods in stablecoins, moving from traditional crypto and fiat to the innovative model presented by Edelcoin.
Stablecoins are a unique cryptocurrencies category designed to minimize price volatility. We will explain the technicalities behind USDC, USDT, and the emerging Edelcoin.