What is the Business Model Behind Stablecoins?

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2024-08-05 12:59:56 -

Introduction Stablecoins have become the heartpiece of the crypto ecosystem since they offer numerous benefits of digital currencies without the high volatility associated with digital assets. The main purpose of creating stablecoin is to maintain a fixed price. Stablecoin supply has busted out in 2020, but the reason behind its explosion is unclear. It took almost 5 years for stablecoins to...

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