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What is a Stablecoin?

A Stablecoin is a type of cryptocurrency that is pegged to a stable asset, like a fiat currency, to reduce volatility.

What are Stablecoins used for?

Stablecoins are used for trading, payments, and as a store of value.

How can you understand Stablecoins in simple terms?

A Stablecoin is a digital coin tied to a stable asset like the US dollar to keep its value steady. They are used for trading and making payments without worrying about big price changes, providing a reliable way to handle transactions.

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Self-executing contracts with the terms of the agreement directly written into lines of code on a blockchain.

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