Stable coins are digital currencies with basically unchanged prices, which are usually pegged 1:1 to traditional currencies such as the US dollar and the euro. For example, the common USDT and USDC, 1 coin = 1 USD. Unlike Bitcoin, the price fluctuations are large, the purpose of stablecoins is designed to be stable: suitable for saving money, cross-border payments, platform settlement and on-chain financial operations.
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