Stablecoin
id:
stablecoin-172-17926405
title:
Stablecoin
text:
A stablecoin is a type of cryptocurrency where the value of the digital asset is supposed to be pegged to a reference asset, which is either fiat money, exchange-traded commodities, or another cryptocurrency. In theory, 1:1 backing by a reference asset could make a stablecoin value track the value of the peg and not be subject to the radical changes in value common in the market for many digital assets. In practice, however, stablecoin issuers have yet to be proven to maintain adequate reserves
brand slug:
wiki
category slug:
encyclopedia
description:
Class of cryptocurrency
original url:
https://en.wikipedia.org/wiki/Stablecoin
date created:
2018-05-17T03:35:27Z
date modified:
2024-09-02T13:45:02Z
main entity:
{"identifier":"Q55582088","url":"https://www.wikidata.org/entity/Q55582088"}
image:
fields total:
13
integrity:
15