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 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 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 readers