Pegged to a fiat currency, reducing price volatility (e.g., USDT, USDC).
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Similar ideas to 7. Stablecoin
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems.
Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on gover...
Terra stablecoins offer seamless cross-border value exchange and instantaneous swaps between one another, all while employing instant settlement and extremely low fees for use by anyone, anywhere.
Cryptocurrencies may go up in value, but many investors see them as mere speculations, not real investments. The reason? Just like real currencies, cryptocurrencies generate no cash flow, so for you to profit, someone has to pay more for the currency than you did.
Cryptocurrency needs stabi...
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