Understanding The Role Of Stablecoins Within The Crypto Market
Dai is an algorithmic stablecoin created by the MakerDAO platform and is pegged to the US dollar via a system of collateralised debt positions. Paxos Standard is a stablecoin issued by Paxos Trust Company and is fully https://www.xcritical.in/ backed by US dollars held in FDIC-insured banks. Tether is considered one of the most well-known stablecoins…
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