Fiat Currency vs Stablecoin
Quick comparison to help you distinguish these two crypto terms.
Fiat Currency
beginner
fundamentals
Fiat currency is government-issued money not backed by a physical commodity like gold, deriving its value entirely from government authority and public trust.
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beginner
fundamentals
A cryptocurrency designed to maintain a stable value by pegging to a reference asset like the US dollar, using fiat reserves, crypto collateral, or algorithmic mechanisms to minimise price volatility.
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