A ₿rief Respite from Crypto Fluctuations
What Is a Stablecoin?
A stablecoin is a class of cryptocurrency that attempts to offer price stability and are backed by a reserve asset. Stablecoins attempt to offer the best of both world’s—the instant processing and security or privacy of payments of cryptocurrencies, and the volatility-free stable valuations of fiat currencies. Benefit of this includes being able to take advantage of blockchain technology and peer-to-peer value transfer while at the same time limiting volatility.
IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured primarily from third party sources. We make no warranties of any kind in relation to our content and services (such as token swap functionalities), including but not limited to accuracy, security and updatedness. No part of the content and services that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose, nor any dealing in (or promotion of) securities for which a licence is required. Any use or reliance on our content and services is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content and services before relying on or using them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.