Stablecoins, are cryptocurrencies redeemable on demand for fiat currency held in custody by a bank or similar custodian.

13 Oct 2023, 19:27
💸 Stablecoins, are cryptocurrencies redeemable on demand for fiat currency held in custody by a bank or similar custodian. Prominent examples are DAI by @MakerDAO , USDC by @circle , USDT by @Tether_to , and ZUSD by @GMOTrust .