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[Replay] 🎙️ Conan Community, Middle East & Europe, welcome
02 h 56 m 39 s · 15.7k listens
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#StablecoinLaw Stablecoins are cryptocurrencies designed to maintain a stable value by being pegged to a reserve asset like a fiat currency (USD, EUR, etc.), commodities (like gold), or a basket of assets. Their goal is to offer the benefits of crypto (fast transactions, borderless payments, decentralization) without high volatility. 🔑 Types of Stablecoins 1. Fiat-Collateralized Stablecoins Backed 1:1 by fiat currency held in reserves (bank accounts). Examples: USDT (Tether) USDC (USD Coin) BUSD (Binance USD) (now being phased out) PYUSD (PayPal USD) ✅ Easy to understand, stable ⚠️ Centralized and require trust in the issuer
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