Stablecoins vs Traditional Banking

By The Block Research

Stablecoins vs Traditional Banking

A stablecoin is a cryptocurrency pegged to a reference asset, such as the U.S. dollar or Euro. Like a bank, stablecoin issuers hold onto vast amounts of deposits, as they take cash in return for issuing their coin onchain. This makes them similar in some ways to a traditional bank, but the two differ in […]

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