Stable coins are valued at $1. That’s because in theory they are backed with USD, Gold, or other crypto reserve to maintain the constant price. Do you think these coins are actually backed by real world assets like USD and gold?
MikaExpert
Asked: September 2, 20232023-09-02T04:01:46+00:00
2023-09-02T04:01:46+00:00In: Cryptocurrency
Do you trust stablecoins? Is the stable coin value real?
Related Questions
- Can we trade without having fund on wallet?
- How much have you gain or lost in cryptocurrency before?
- Have you every been scammed in cryptocurrency?
- How to escape scammers in cryptocurrency?
- What do you understand by the word p2p in cryptocurrency?
- The difference between testnet and mannet in cryptocurrency?
- What is the function of testnet in cryptocurrency?
- What is the benefit of decentralized in cryptocurrency?
- What is the benefit of decentralized in cryptocurrency?
- Why is cryptocurrency investment consider as risk investment?