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What is a StableCoin?

The most widely used stablecoins are the US Tether (USDT), TrueUSD (TUSD), GeminiDollar (GUSD), USD Coin (USDC) and Paxos Standard (PAX).



The cryptocurrency market is often and frequently the protagonist of many financial scandals. All of these FOMO and FUD-causing events continue to increase volatility in the market, scaring away a great many investors, not facilitating the infusion of capital into the sector.


However, 2019 has brought the solution to part of these problems.


In fact, the "discovery" of steblecoins has adequately answered the problem of transparency, security and privacy. These assets enjoy the advantages associated with being a cryptocurrency but, unlike other cryptocurrencies, are not affected by the volatile movements typical of this market.


Use cases for stablecoins include:


  • - Performance measurement in the investment environment

  • - Deposit of value

  • - Medium of exchange

  • - Unit of account

  • - Captive loan

  • - Smart insurance


The most widely used stablecoins are the US Tether (USDT), TrueUSD (TUSD), GeminiDollar (GUSD), USD Coin (USDC) and Paxos Standard (PAX).


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