What is a stablecoin?

Stablecoins are digital assets pegged to the value of fiat currencies like the dollar or the euro. They allow users to cheaply and rapidly transfer value around the globe while maintaining price stability. The most popular stablecoin as of now is Tether (USTD).

You might be interested to also see the following guides:

• Introducing De.Fi
• What is DeFi?
• What are pools?
• What to consider before farming yield?
• What is yield farming?
• What is Total Value Locked (TVL)?
• What Is the Annual Percentage Yield (APY)?
• What is liquidity mining?
• What is composability?
• What is a stablecoin?
• What is a liquidity provider?
• What are the potential use cases for DeFi?
• How to avoid getting Rekt with Yield Farming
• Why Are You Miscalculating Your Impermanent Loss And How To Stop Doing It

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