JSH Ep. #34: What are Stablecoins??
Jun 14, 2021 ·
32m 16s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
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...
show more
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.
Follow me on IG; @jeremyspeakshere
Follow me on FB: Jeremy Speaks Here
Come conversate with me Mondays, Wednesdays & Fridays On Twitch: thensl4life
New JSH episodes Available everyday at 6:30pm EST on Spreaker, SoundCloud and Apple Podcasts.
show less
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.
Follow me on IG; @jeremyspeakshere
Follow me on FB: Jeremy Speaks Here
Come conversate with me Mondays, Wednesdays & Fridays On Twitch: thensl4life
New JSH episodes Available everyday at 6:30pm EST on Spreaker, SoundCloud and Apple Podcasts.
Information
| Author | Jeremy |
| Organization | Jeremy Speaks Here |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
