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US Dollar Tether | Stablecoins | Part-1 | Ep-16
Manage episode 322043111 series 3299742
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We’re talkin’ about stablecoins! What they are, their types, uses, and stuff like that. How do you get them? or what happens to them after you're done with it? or Are they cash crunched?. A stable coin is a digital currency that is pegged 1:1 to a fiat, like a dollar, or to a commodity, like oil or gold. But why? Join me in to understand the simplest reason why USDT or *** for that matter became what they are.
Transcript:
(To be updated soon)
Resources:
- https://www.youtube.com/watch?v=K7RpRs5lfUI
- https://www.youtube.com/watch?v=GEvxWQmloLw
- https://www.youtube.com/watch?v=wW1IEZeWY4k
- https://www.coinbase.com/learn/crypto-basics/what-is-a-stablecoin#:~:text=A%20stablecoin%20is%20a%20digital,to%20unpegged%20cryptocurrencies%20like%20Bitcoin.
- https://tether.to/en/transparency/
Consider tipping me here
- ETH: 0xBC7444f5eb1658fd59A1d7B346908B384D4CB62f
- MATIC: 0xBC7444f5eb1658fd59A1d7B346908B384D4CB62f
- BNB: 0xBC7444f5eb1658fd59A1d7B346908B384D4CB62f
- NEAR: anshuman.near
- SOL: BXxgy42uTqcSNB7oK4jGNeCCnckmejhhs6bWN4ke2u3Y
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Tags: $usdt, $dai, $paxusd, $ust, stablecoins, bitcoin, Tether, digital currency, crypto, defi, blockchain
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