Bridging the Gap between Fiat. The opinions and views expressed one dollar, and is connecter a stable value, typically by being pegged to a specific or inaccuracies.
But one key drawback is that cryptocurrencies' prices are unpredictable and have a tendency to fluctuate, often wildly. Cryptocurrencies : Some stablecoins even use other cryptocurrencies, such as ether , the native token of the Ethereum network, as collateral. This boils down to the question: Does the entity really have the collateral it claims to have? There are still problems with this innovative model, however; for example, if the smart contracts underpinning MakerDAO don't work exactly as anticipated. How Does Stablecoin Work?
