Stablecoin
By CoinGecko | Updated on Mar 03, 2020
Stablecoins are designed to mimic commodity assets or fiat currency whilst exisiting as a cryptocurrency. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.
Related Terms
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
Whitepaper
An introductory paper to consicely explain an issue and a possible solution on the issue.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Bearish
A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.
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