What is a cryptoasset or cryptocurrency?
A cryptoasset is "a digital representation of value or rights that can be transferred and stored electronically, using decentralized registry technology or a similar technology." - European Parliament, 2020Few readersWhy use stablecoins?
Within the current crypto market, stablecoins offer a fast, secure, global & reliable solution, as they guarantee: Heightened Security: Extensive use of cryptography, hashing and encryption provide powerful tools to defend users from fraud, hacks, and other malicious attacks. Peer-to-Peer Transactions: Decentralized nature of the blockchain allows transactions to take place directly between users, all over the world, in real-time. Cutting out intermediaries also translates to cheaper tFew readersWhat is the difference between stable coins and other cryptocurrencies?
Due to the 1:1 linkage to fiat money, precious metals or other cryptocurrency, stable cryptocurrencies have lower price volatility than other non-stable cryptoassets, valued by their demand.Few readersWhat is the blockchain?
The so-called blockchain is a set of interconnected data blocks in a network. Within it we can transfer encrypted information as cryptoassets, which, being shared in all decentralized nodes, guarantee greater security without the need for intermediaries.Few readersWhat are stable cryptocurrencies?
Stable cryptocurrencies are a special type of cryptoassets that maintain a stable value because of their 1:1 linkage to fiat money (real currency), precious metals or another cryptocurrency.Few readers