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3 MAIN Types of Stablecoins ExplainedStablecoins are a type of cryptocurrency that is pegged to another asset class, such as the U.S. Dollar or gold, to reduce its price volatility. A �stablecoin� is a type of cryptocurrency whose value is pegged to another asset class, such as a fiat currency or gold, to stabilize its price. Here's why. Stablecoins are a type of cryptocurrency meant to be �pegged� to or closely match the value of another currency or financial asset � like the U.S. dollar or.
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