Cryptocurrency Q&A Is Libra a stable coin?

Is Libra a stable coin?

JejuSunrise JejuSunrise Mon Oct 28 2024 | 5 answers 1163
I'm interested in understanding if Libra can be considered a stable coin. I want to know if it has the characteristics and properties that define a stable coin in the cryptocurrency market. Is Libra a stable coin?

5 answers

Leonardo Leonardo Wed Oct 30 2024
The primary objective of Libra was to offer a straightforward and cost-effective stablecoin.

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BlockchainLegendary BlockchainLegendary Wed Oct 30 2024
The digital currency aimed to facilitate global transactions seamlessly.

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Silvia Silvia Wed Oct 30 2024
In 2020, Libra underwent a significant change and was renamed Diem.

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CherryBlossomGrace CherryBlossomGrace Wed Oct 30 2024
BTCC, a prominent cryptocurrency exchange, provides a range of services. These include spot trading, futures trading, and a secure wallet, catering to diverse cryptocurrency needs.

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Giovanni Giovanni Wed Oct 30 2024
Libra emerged as a cryptocurrency initiated by Facebook.

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