A stable coin is a cryptocurrency that resists the mutation correlated with the emerging market scenario. The development of stablecoin applications is optimal for serving as an exchange medium in the crypto space which includes the quality, usage scope, and the digital currencies trade at a more micro level.
The Stablecoins are cryptocurrencies that are expressed in dollars that give you an opportunity to embellish chances of protection from the risks and fluctuations of the market
Types of Stablecoin Development
1. Fiat-backed Stablecoins
2. Non-collateralized Stablecoins
3. Cryptocurrency-backed Stablecoins
4. Commodity-collateralized Stablecoins
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