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An Explanation For The Rise Of 'Stable Coins' As A Low-Volatility Cryptocurrency

Stable coins - also known as the “holy grail of cryptocurrency” - are price-stable cryptocurrencies, with a market price that is pegged to another stable asset, like the U.S. dollar. Stable coins share many of the features of Bitcoin, yet are far less volatile. In theory, this makes stable coins ideal and usable as ...

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