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✨The Basic Concepts of the World of Cryptocurrencies. Stablecoins



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Probably, each of you is familiar with such popular stablecoins as Tether, BUSD, USDC and others, but few people understand what these coins are. In this video, we will learn what stablecoins are for, what they are and how they differ. So let's get started.
The concept of a stablecoin
Each crypto user has encountered stablecoins at least once, and therefore we should pay attention to the definition of this concept. Stablecoins are cryptocurrencies whose value is pegged or pegged to the value of another currency, commodity, or financial instrument. Stablecoins are intended to provide an alternative to the high volatility of the most popular cryptocurrencies, including bitcoin (BTC), which has made such investments less suitable for widespread use in transactions.

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The author is not responsible for the material mentioned in the video and is not responsible for any loss or damage related to any products or services mentioned in the channel. Investing - Risk. Always think things through on your own.

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#cryptocurrency #stablecoin #blockchain
Category
Cryptocurrencies
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