How do stablecoins maintain their value and avoid wild price swings?

Manon

Member
Stablecoins are designed to keep their value stable by pegging to assets like the US dollar or other cryptocurrencies. They use various mechanisms—like collateralization or algorithmic adjustments—to ensure that their price remains close to the pegged value. This stability makes them popular for trading and transactions in the often-volatile crypto world!
 
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