Explained: What Are Stablecoins, How Are They Different From Other Cryptocurrencies?

Stablecoins are a different class of cryptocurrencies that are not volatile, and usually pegged to a real world currency like the US dollar. Stablecoins can be fiat collateralized, crypto collateralized or algorithmic in nature. Stablecoin use cases are exploding in nature, from day to day transactions to cross border remittances to payments within the crypto ecosystem.

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