The last 12 months or so have seen the resurgence of Stable coins as a popular phenomenon in the Cryptoverse. Although the majority of them are pegged to some sort of physical asset, which in most cases turns out to be a fiat currency, there have been innovations as well. I am going to outline some of the most recent additions to this spectrum and some high-profile ones in the pipeline. Stable coins have acted as a bridge between the traditional paper-based fiat currencies & the digitization of the financial ecosystem while providing the stability that the major financial players…...
The Widening Spectrum of Stable Coins
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