What is stablecoin?

[IndiaInsurance]

https://img.etimg.com/photo/90166060.cms (https://economictimes.indiatimes.com/wealth/invest/what-is-stablecoin/articleshow/90166060.cms)Stablecoin is a form of digital currency that is backed by a certain asset such as gold, US dollars etc. Such currencies when pegged to an asset reduce volatility and are easy to transmit.

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