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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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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Will we ever see the voyager debit card? Been registered since November 16,2021.
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Everyone who wants one should have it by end of June
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How much longer are you going to ignore your customers and keeps us in the dark? Who is running this circus? Can we get someone on the voyager team that cares about customer service?
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Would you guys atleast fire up the chart for Luna Classic while we wait for you guys to get yourselves together? Come on.
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I only won't my luna classic so that I can gtfo of their app. It's been over 48 hours and nothing.
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