Stablecoins are cryptocurrency assets backed 1:1 by a fiat currency. Assets like USDC, USDT and DAI are backed by the US dollar and are redeemable 1:1.
Written by Spritz Support (Ley)
Updated over a week agoStablecoins are cryptocurrency assets backed 1:1 by a fiat currency. Assets like USDC, USDT and DAI are backed by the US dollar and are redeemable 1:1.