Questions tagged [dusd]

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Andrea Andrea Fri Sep 27 2024 | 6 answers 1537

Is DUSD a stablecoin?

Could you please clarify if DUSD is classified as a stablecoin? I'm interested in understanding the mechanisms that ensure its stability, if any, and how it differs from other digital currencies that may not have the same stability features. Additionally, I'd like to know if DUSD is pegged to a specific asset, such as a fiat currency or a basket of assets, to maintain its value. Thank you for your insight.

Is DUSD a stablecoin?

| Topics at Cryptocurrency Q&A

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