Questions tagged [stablecoin]

DondaejiDelightfulCharmingSmile Thu Oct 17 2024 | 6 answers 1120

An euro stablecoin, such as EURS, is a digital currency based on the Ethereum blockchain. It maintains a 1:1 peg to the euro, providing stability by being backed by euros held in reserve. This allows users to transact with the stability of the euro in the cryptocurrency market.

MountFujiView Wed Oct 16 2024 | 6 answers 1274

USDP Stablecoin is a cryptocurrency pegged to the value of the US dollar, aiming to provide stability and mitigate risks associated with market volatility. It is issued and managed by Paxos, ensuring a 1:1 value ratio with USD. The circulation and supply of USDP are regulated, making it a reliable choice for crypto transactions, cross-border transfers, and digital asset investments.

FantasylitElation Wed Oct 16 2024 | 5 answers 1083

I'm interested in learning about mkr. Specifically, I want to know if it is considered a stablecoin. Can someone clarify this for me?

CryptoVisionary Tue Oct 15 2024 | 5 answers 1003

I'm wondering if there exists a stablecoin that's backed by gold. I know there are various stablecoins pegged to fiat currencies, but I'm specifically looking for one that's linked to the value of gold.

AltcoinAdventurer Tue Oct 15 2024 | 6 answers 1283

I'm wondering about the value of a stablecoin. I want to know how much one stablecoin is worth in the current market.