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Crypto Conversations | Why stablecoins have seen phenomenal growth
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Stablecoins are a class of cryptocurrencies that do not change in value over time. They represent a market cap of $154 billion as of today which is ~7% in value.
Strangely, however, they contribute to nearly 80% of all crypto transactional volume on a daily basis. In this article we explore the use cases of this subset of cryptocurrencies and why they are becoming prominent, and controversial, day by day.
Stablecoins are cryptocurrencies that are essentially pegged to real world...
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