Fiat-Collateralized Stablecoins

간단한 설명:

Fiat-collateralized stablecoins are a type of cryptocurrency that are backed by a reserve of fiat currencies, such as the US dollar, to maintain a stable value. They are the most common type of stablecoin and are often used to hold money in the crypto ecosystem and on DeFi platforms.

주요 설명:

Fiat-collateralized stablecoins are a type of cryptocurrency designed to maintain a stable value by being backed one-to-one by a fiat currency, such as the U.S. dollar or euro. For every stablecoin issued, an equivalent amount of fiat currency is held in reserve, ensuring that the stablecoin can be redeemed for its collateral at any time.

This backing provides a level of trust and stability, as the value of the stablecoin is directly tied to the value of the fiat currency. As a result, these stablecoins help mitigate the price volatility often seen in other cryptocurrencies, making them suitable for transactions, savings, and transfers. They serve as a bridge between traditional finance and the digital currency ecosystem, enabling users to move in and out of crypto while maintaining a stable value.