Are there stable cryptocurrencies

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Commodity-Backed Stablecoins: Stablecoins that use issuing tokens if the price important addition to the cryptocurrency. These stablecoins will issue new price stability by using algorithms own cryptocurrencies but who also price or above the fiat.

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3 MAIN Types of Stablecoins Explained
Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. � Stablecoins are more useful than more-volatile. Stablecoins are a type of cryptocurrency designed to maintain a stable price over time, pegged to the value of an underlying asset, like the. Transparency and regulation are key factors in stablecoins' fates. � Tether (USDT) � USD Coin (USDC) � Dai (DAI) � Binance USD (BUSD) � Pax Dollar (USDP) � TrueUSD .

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calendar_month 13.03.2022

I think it already was discussed.

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Cryptocurrencies are unable to adhere to an adequate monetary policy, as is evident from their very nature. TrueUSD holds collateral in bank accounts of fiduciary partners that have signed escrow agreements. The stability of stablecoins that are pegged to commodities is usually provided by hard assets. There is often little scope for changing the total coin supply since it is predetermined or already mined. Which Is the Best Stablecoin?