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Stablecoins: Decentralized Finance on Ethereum [2024]

What are Stablecoins? Stablecoins are cryptocurrencies designed to minimize price volatility․ They achieve this by being pegged to a stable reserve asset like the US dollar or gold․ This makes them useful for everyday transactions and as a safe haven in the volatile crypto market․ They are very important for DeFi․ Think of them as […]