7 ms·

A stable coin is a crypto asset that is backed by a real value. If you own 1 EthUSD, there is a warranty that someone will give you 1 USD for that token

• mypalmike 10y ago
  This is sarcasm, no?
• plttn 10y ago
  So a meta-fiat currency?
• joosters 10y ago
  A real-world warranty, which means you can't rely on it. You might own as many EthUSD tokens as you want but you can never be sure that someone will buy them from you at the 'fixed' price.