A Guide to Using StableCoins to Increase and Protect Your Assets
▻https://hackernoon.com/a-guide-to-using-stablecoins-to-increase-and-protect-your-assets-9fac28b
Guide to Using StableCoins to Increase and Protect Your Assets2019 Complete StableCoin GuidePart 7 of 7Enjoy shorts from my book while Kyle Rea of cREAtiveCastleStudios finishes graphics!If you haven’t read the first part of my book, you may “catch up” here.StableCoin Definition.Simply stated, a StableCoin is a #cryptocurrency pegged to another asset. Or, a global digital currency solely unrelated to a central entity. StableCoins make for practical usage of cryptocurrencies by allowing for secure, convenient transactions without the high volatility traditional cryptocurrencies hold.Now let’s move on….Types of Stablecoins: Asset-Collateralized vs. Non-CollateralizedAsset-Collateralized StableCoins.The socially agreed upon currency most countries use is termed ‘fiat’, which literally means (...)