Dec 07, 2022
EURS, EUROC, CEUR- Exploring alternative currency stablecoins.
the dollar index lost 5.2% in November, marking its worst monthly performance in 12 years. Hence, investors may begin to look toward other stablecoin options in 2022. Given the relative strength of the Euro, Euro-pegged stablecoins may dominate the choice among investors....
Sep 07, 2022
What is DAI? Is it an Algorithmic Stablecoin?
The short answer is no; DAI isn’t an algorithmic stablecoin. Algorithmic stablecoins are not backed by any form of collateral; instead, they aim to maintain the dollar peg with a self-sustaining mechanism, as explained above....
Aug 24, 2022
Which Stablecoin Is Better: USDT or USDC?
because it permits transfers on a higher number of blockchains, traders may find it more appealing to use USDT rather than USDC. However, USDC is frequently considered a safe and trustworthy stablecoin since the Centre Consortium adheres to regulations and is completely transparently backed by cash...
Aug 20, 2022
What Are Gold-pegged Stablecoins?
A gold-pegged stablecoin is a digital asset whose value is backed by the equivalent price in gold. Each gold-pegged stablecoin, or fraction of the token, represents an equal real-world value in gold & unilaterally determines that each of its tokens is worth an equivalent amount.....
Aug 03, 2022
What Are Altcoins?
Altcoins were developed to strengthen the existing bitcoin structure and to address the challenges bitcoin encountered, such as security and scalability. As a result, they come in various categories....
Jul 27, 2022
What is Algorithmic Stablecoin?
Algorithmic stablecoins are stablecoins that maintain their parity using a self-contained and decentralized economic protocol. They are built on an economic mechanism that allows them to maintain parity by increasing or decreasing the quantity of cryptocurrency by burning or mining tokens....
May 06, 2022
How To Build A Balanced Crypto Portfolio?
Cryptocurrency investing is similar to investing in any other traditional asset class. Having a cryptocurrency portfolio is essential for successfully diversifying your investment and tracking its growth over time....
Apr 13, 2022
All You Need To Know About Stablecoins
What are Stablecoins and why are they so important? ? Is there really a need for crypto assets that cannot appreciate in value? In this article we will cover everything you need to know about it...