Cryptocurrency Q&A What is Coinbase's stable coin?

What is Coinbase's stable coin?

CryptoTitaness CryptoTitaness Tue Dec 03 2024 | 7 answers 1386
I'm curious about Coinbase's stable coin. I want to know what it is, how it works, and why it's considered stable. Also, I'd like to understand its benefits and any potential risks associated with it. What is Coinbase's stable coin?

7 answers

CryptoTitanGuard CryptoTitanGuard Thu Dec 05 2024
Start by creating your account today.

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Chiara Chiara Thu Dec 05 2024
A stablecoin is a unique type of digital currency.

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DavidJohnson DavidJohnson Thu Dec 05 2024
It is linked to a stable reserve asset.

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KimonoGlitter KimonoGlitter Thu Dec 05 2024
These assets can include the U.S. dollar or gold.

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CryptoKnight CryptoKnight Wed Dec 04 2024
The primary goal of stablecoins is to minimize volatility.

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