Podcasts Culture Jeremy Speaks Here JSH Ep. #34: What are Stablecoins??

JSH Ep. #34: What are Stablecoins??

Published: June 14, 2021, 10:30 p.m.

b"Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference.
Stablecoins may be pegged to a currency like the U.S. dollar or to a commodity's price such as gold.
Stablecoins achieve their price stability via collateralization (backing) or through algorithmic mechanisms of buying and selling the reference asset or its derivatives.

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