Questions tagged [stablecoin]

TaegeukChampionCourageousHeart Mon Oct 28 2024 | 5 answers 1223

FDUSD is a stablecoin pegged to the US dollar at a 1:1 ratio, issued by First Digital Labs and backed by First Digital Trust Limited. It aims to reduce crypto market volatility, enhance transaction efficiency, and provide a secure and stable digital asset option for investors and businesses. With its programmable features, FDUSD also facilitates financial contracts, custody services, and insurance arrangements without the need for intermediaries.

Federica Sun Oct 27 2024 | 7 answers 1556

I'm wondering if there exists a stablecoin pegged to the euro. I'm looking for a cryptocurrency that maintains a stable value relative to the euro currency.

DigitalDynasty Sat Oct 26 2024 | 6 answers 1007

I'm interested in understanding the potential downsides of using stablecoins. I've heard they have some stability issues and risks associated with them, but I'd like to get a more comprehensive view on the disadvantages of stablecoins.

WhisperWind Fri Oct 25 2024 | 5 answers 1102

I'm interested in understanding if KAVA can be considered a stablecoin. I want to know if it maintains a stable value compared to some other asset, like fiat currencies or commodities.

Maria Fri Oct 25 2024 | 7 answers 1061

I've been hearing a lot about GYEN recently and I'm wondering if it's considered a stablecoin. I know stablecoins are designed to maintain a stable value, often pegged to a fiat currency or other asset. So, is GYEN one of them?