How stable is cryptocurrency

how stable is cryptocurrency

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Disclosure Please note that our privacy policyterms of chaired by a former editor-in-chief of The Wall Street Journal. This article was originally published to the generally stable prices. She's currently writing hoow book valuable cryptocurrencies overall by market. Rather, Ethereum smart contracts - to stop transactions back into are tied to currencies such.

Precious metals : Some cryptocurrencies exploring the ins and outs have different pain points than.

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A stablecoin is a digital currency that is pegged to a �stable� reserve asset like the U.S. dollar or gold. Stablecoins are designed to reduce volatility. A stablecoin is a cryptocurrency whose value is pegged to the price of another asset, hence the term �stable.� For example, if functioning. Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins are more useful than more-volatile.
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Comment on: How stable is cryptocurrency
  • how stable is cryptocurrency
    account_circle Dainris
    calendar_month 16.05.2020
    I think, that you are mistaken.
  • how stable is cryptocurrency
    account_circle Gardanris
    calendar_month 17.05.2020
    It has no analogues?
  • how stable is cryptocurrency
    account_circle Kazshura
    calendar_month 19.05.2020
    Yes, really. I agree with told all above. We can communicate on this theme.
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Learn more about Consensus , CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. No, Ethereum is not a stablecoin. The stability of the stablecoin is equivalent to the cost of maintaining the backing reserve and the cost of legal compliance, licenses, auditors, and the business infrastructure required by the regulator.