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In recent years, stablecoins have emerged as a popular alternative to traditional cryptocurrencies. These digital assets are designed to maintain a stable value by pegging their price to an underlying asset, such as the US dollar or a basket of commodities. But what exactly are stablecoins, and why are they gaining traction in the crypto world? In this episode, we explore the ins and outs of stablecoins.
By Duke Fuqua Blockchain ClubIn recent years, stablecoins have emerged as a popular alternative to traditional cryptocurrencies. These digital assets are designed to maintain a stable value by pegging their price to an underlying asset, such as the US dollar or a basket of commodities. But what exactly are stablecoins, and why are they gaining traction in the crypto world? In this episode, we explore the ins and outs of stablecoins.