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1. Stablecoin Development - Types, Highlights and
Characteristics
Stablecoin Development
A stable coin is a cryptocurrency that resists the mutation correlated with
the emerging market scenario. The development of stablecoin applications
is optimal for serving as an exchange medium in the crypto space which
includes the quality, usage scope, and the digital currencies trade at a more
micro level.
The Stablecoins are cryptocurrencies that are expressed in dollars that give
you an opportunity to embellish chances of protection from the risks and
fluctuations of the market.
Types of Stablecoin
1. Fiat-backed Stablecoins

2. The name itself symbolizes that the stablecoin is attached into FIAT currency
at a 1:1 ratio. To assure the all-time collateralized cryptocurrency, you will
need to perform proper and constant auditing.
2. Non-collateralized Stablecoins
These stablecoins rely on an algorithm that employs the variant in the value
of money and the printing cost that deviates the supply volume for price
control.
3. Cryptocurrency-backed Stablecoins
The cryptocurrencies like Bitcoin and Etherium can be utilized as collateral in
place of FIAT currency to create stablecoins. These redeem for the volatility
of conventional cryptocurrencies as contempt for the use of a 1:1 ratio for
the crypto lateral.
4. Commodity-collateralized Stablecoins
Real-priced commodities such as real estate, gold, and several precious
gems and metals can be integrated into the cryptocurrency to form a stable
coin. These are evident to be a tangible asset to retreat your business or
savings.
Characteristics of Stablecoin
The following are the characteristics of a stablecoin
Audit track record and transparency
Direct ownership for FIAT/ Asset equivalent amount
Unrestricted asset redemption
Strong, stable and neutral base asset
Segregation of asset

3. Highlights of Stablecoin
The highlights of stablecoin comprise the following
1. Lack of Volatility
2. Financial enclosure
3. Flexibility & high liquidity
4. Enhanced Revelation
5. Token Authority
6. Completely Backed
7. Developed with sophisticated Blockchain Technologies
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