dhananjay Posted January 29, 2020 Report Share Posted January 29, 2020 Significant features of crypto-backed stablecoins are: 1. The value of the stablecoin is collateralized by another cryptocurrency or a cryptocurrency portfolio, 2. The peg is executed on-chain via smart contracts, 3. The supply of the stablecoins is regulated on-chain, using smart contracts, 4. Stablecoin is a cryptocurrency with stable value. Because the price of the cryptocurrency fluctuates greatly, the crypto market needs some different cryptocurrency to avoid huge losses. Link to comment Share on other sites More sharing options...
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