Margherita
Wed Nov 06 2024
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5 answers
1222
Which stablecoin is backed by gold?
The stablecoin that is backed by gold is known as a gold-backed cryptocurrency. Examples include PAX Gold, Tether Gold (XAUT), GoldCoin, and Kinesis Gold. These digital assets are supported by physical gold reserves, combining the stability and intrinsic value of gold with the transparency and decentralization of blockchain technology.
DigitalTreasureHunter
Tue Nov 05 2024
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7 answers
1373
Is UXD stablecoin safe?
I'm considering investing in UXD stablecoin, but I'm not sure if it's safe. I've heard about stablecoins being backed by real assets or fiat currencies, but I want to know more about UXD's stability and security.
Arianna
Tue Nov 05 2024
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5 answers
832
Is Magic Internet money a stablecoin?
I'm curious about Magic Internet money. I've heard about stablecoins, and I want to know if Magic Internet money falls into this category. Is it a stablecoin or not?
CryptoWizardry
Wed Oct 30 2024
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5 answers
1287
Why USDT is a stablecoin?
USDT is a stablecoin because it is pegged to the US dollar at a 1:1 ratio, backed by Tether Limited's reserves of cash and cash equivalents. This mechanism ensures its price stability, making it a reliable medium for transactions and value storage in the volatile cryptocurrency market.
GwanghwamunGuardianAngel
Wed Oct 30 2024
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5 answers
1533
How much is Stablecoin?
I'm wondering about the value of Stablecoin. I want to know how much it is worth currently. Can someone tell me the exact amount or provide information on where I can find it?
