what is a stablecoin

In its simplest form, a ‘stablecoin’ is a digital asset, on a blockchain, that is designed to maintain a consistent value, typically by linkage to the value of another asset. Presently, there are 4 ways to design a stablecoin:  Algorithmic (derives value from a separate token specific to the stablecoin  Commodity Collateralized (derives value from … Continue reading what is a stablecoin