What is a stablecoin?

Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins may be pegged to a currency like Rupiah or to other commodoities including precious metals, golds, and even other cryptocurrencies.


The coin offer user price that is relatively more stable than other coins and are backed by a reserve asset. Stablecoins let users enjoy the benefits of digital currencies based on blockchain, including security, privacy, low fees and transparency, while helping to alleviate the problem of extreme price volatility faced by most traditional cryptocurrencies.

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