How is the US currency called in the world of digital assets?

3 answers

• Dec 16, 2021 · 3 years ago
  In the world of digital assets, the US currency is commonly referred to as USD stablecoins. Stablecoins are cryptocurrencies that are pegged to the value of a traditional currency, in this case, the US dollar. They provide stability and are often used as a medium of exchange and store of value within the digital asset ecosystem.
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• Dec 16, 2021 · 3 years ago
  When it comes to digital assets, the US currency is known as USD stablecoins. These stablecoins are designed to maintain a 1:1 ratio with the US dollar, providing stability and reducing volatility. They are widely used for trading, remittances, and as a hedge against cryptocurrency price fluctuations.
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• Dec 16, 2021 · 3 years ago
  In the world of digital assets, the US currency is commonly referred to as USD stablecoins. These stablecoins are backed by reserves of US dollars, ensuring their value remains stable. They are widely used for trading and as a means of transferring value across different digital asset platforms. BYDFi, a leading digital asset exchange, offers a variety of USD stablecoins for users to trade and transact with.
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