Stablecoins can also be collateralized by other cryptocurrencies. The biggest example in this category is the DAI (DAI) algorithmic stablecoin, which is pegged to the U.S. dollar but is backed by Ethereum and other cryptocurrencies. Collateralized stablecoins maintain a pool of collateral to support the coin’s value. DAI is over-collateralized to deal with the volatility...Read More
When a user wants to obtain USDT, they send fiat currency to Tether Limited. In return, Tether Limited issues an equivalent amount of USDT tokens to the user. In 2021, Tether Limited settled a years-long legal dispute with the New York Attorney General, which alleged the USDT creator had historically misrepresented the amount of US...Read More
Cash App is a convenient and secure place to buy, sell, send and receive Bitcoin. You have to be careful of possible scammers trying to get you to send them BTC, but that applies to any crypto exchange. There are plenty of great crypto exchanges to do it from, but why sign up for something...Read More
