We're taking a closer look at stablecoins this week with a new fact every day. Let's kick it off:
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Replying to
There are a few different types of #stablecoins, the main ones being dollar-backed stablecoins and algorithmic stablecoins 💲
#Voyager #5DaysOfStablecoins $USDC $DAI
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$USDC, a dollar-backed #stablecoin, is backed by cash reserves and treasuries, which inherently makes it stable and allows it to maintain a 1:1 value to the US dollar 💵
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Did you know that $USDC was developed by , a global financial technology firm? Their goal was to bridge the gap between the traditional financial system and evolving #blockchain tech.
#stablecoins #crypto4all
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Not all #stablecoins are created equal. Algorithmic coins are not backed by fiat. Instead, they are stabilized by smart contracts that manage the supply of tokens in circulation.
Learn the difference on our Node Blog:
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Replying to
any chance I can get my debit card, saw it’s ok to request via Twitter on Reddit.
Replying to
Voyager, stop being ingnorance to people. It's already the end of May and we need an update at least on debit card first. No one cares about stable lesson and dumb pizza thing. Thank you.
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has said in multiple interviews that all debit cards will be out by end of this June.
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Replying to
How about you fix your cost average issue before teaching anyone about stablecoins
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