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While they are a novel and exciting asset class, you need to do a fair amount of research to fully understand how each system works. Understanding crypto backed by precious metals Published on 02 dec 2020. Cryptocurrencies, led by bitcoin, seem to be a perfect solution. Asset backed cryptos are supported by something tangible, which investors can relate to in the physical world.
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A stablecoin is a cryptocurrency whose value is pegged to assets with stable value including fiat currencies (e.g.
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