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A stablecoin is a type of cryptocurrency programmed to track the value of another asset like a government cash currency, such as USD. A stablecoin’s value is pegged to cash currencies, for example, the stablecoin Tether (USDT) is the equivalent of 1 USD and should maintain this peg.
To learn more about stablecoins, check out our Learn Center article: What are Stablecoins?