Algorithmic Stablecoin

De CoinGecko| Actualizat la Aug 13, 2021
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions. For example, as the price rises, the algorithm may issue more coins, and when the price falls, it purchases them off the market.

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Termeni asociați

Bitcoin ATM
A machine from which you can buy or sell Bitcoin. Typically also offers different types of cryptocurrencies.
Cryptocurrency
A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
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