While the majority of stablecoins are pegged 1-to-1 to the U.S. dollar, there are some stablecoins that are pegged to other fiat currencies, such as the euro or yen. In addition, it’s possible to peg a stablecoin to the price of a commodity or precious metal.
The Best Cryptocurrency to Buy With $500 Right Now (Hint: It’s Not Bitcoin)
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