Which Stablecoin Will Rule Them All? A Comparison

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Which Stablecoin Will Rule Them All? A Comparison

Postby kreslik.news » Tue Nov 20, 2018 8:09 am


The number of stablecoins on the map from the beginning of 2018 to the end has grown exponentially. What was once a fringe concept is now a mainstay of the cryptocurrency markets–one that may be heading toward adoption into the mainstream economy.

Stablecoins are cryptocurrencies that are collateralized, or “pegged” to a “real-world” asset. These assets can be commodities like gold or real estate; they can also be fiat currencies.Most fiat-collateralized stablecoins are pegged on a 1-to-1 basis; in other words, for every one stablecoin unit, there is one USD, EUR, JPY, or another currency.

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