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algorithmic stablecoins
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- Article · Cryptocurrency
What Are Stablecoins and How Do They Work?
Discover stablecoins: cryptocurrencies designed to maintain a stable value, often pegged to fiat currencies like the U.S. dollar. Learn how fiat-backed, crypto-backed, and algorithmic stablecoins work, exploring examples like USDC, DAI, and the risks highlighted by UST's collapse. Understand their importance in trading, DeFi, payments, and the regulatory landscape shaping their future. Are they truly stable? Find out here.
