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
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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Did you know Luna classic is dropping while all we can do is watch out investment shrink away
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Blessing in disguise ✌️
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Can you guys get back to LUNC and these airdrops then post about other crap? It's important to a lot of people.
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How about start giving people who are on your platform answers before we all jump ship for were they are allowing Trading of classic and 2.0 !!!!! Enough is enough !!!! You have had my LUNA hostage since Thursday morning and nothing but crickets since !
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This is the most important thing I wanna hear about right now. Thanks for keeping us safe and posting this !
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