What Are Crypto-collateralized Stablecoins and How They Work

What Are Crypto-collateralized Stablecoins and How They Work
фото показано с : btcmanager.com

2021-7-12 23:00

Crypto-collateralized stablecoins are stablecoins backed by other cryptocurrencies to shield them from the high volatility of the reserve crypto. By ‘backing’ them, they act as collateral.

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Decentralizing the Dollar: Crypto-Collateralized Stablecoins

Decentralizing The Dollar is a three-part series on stablecoins, each addressing one of the three key methods postulated for tying a stable cryptocurrency to a fiat currency. In Part One, we examined how TrueUSD might rectify the flaws in Tether; in Part Two we looked at Kowala, and algorithmic stablecoins; and in Part Three we’ll […] The post Decentralizing the Dollar: Crypto-Collateralized Stablecoins appeared first on Crypto Briefing.

2018-10-19 21:48