Arianna
Tue Nov 05 2024
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5 answers
832
Is Magic Internet money a stablecoin?
I'm curious about Magic Internet money. I've heard about stablecoins, and I want to know if Magic Internet money falls into this category. Is it a stablecoin or not?
CryptoChieftainGuard
Thu Oct 31 2024
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5 answers
1527
What is Magic Internet Money token?
Magic Internet Money token, known as MIM, is a stablecoin issued by Abracadabra Money. With a total supply exceeding $1 billion, it aims to compete with MakerDAO. Operating on multiple chains including Ethereum and BSC, MIM offers a decentralized stablecoin solution backed by interest-bearing tokens like yvUSDC and xSUSHI.
