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What is programmable money?

Traditionally, when we think about money, we think about fungible assets. One dollar = one dollar. Stablecoins are also fungible assets, but we can imagine creating stablecoins on top of stablecoins and then including other conditions on the newly minted…

Why do we need stablecoins?

As was written about in “what are stablecoins and how do they work“, stablecoins wrap some underlying asset. The backing asset is used to give the stablecoin its underlying value, and when this asset is something like dollars or euros,…

Welcome to STABLECOIN.FYI

This is a site with information regarding stablecoins. What are stablecoins? How do stablecoins work? What can you do with stablecoins? Stablecoins represent programmable money where the value of these coins are pegged to some other asset. Usually the other…

What are stablecoins and how do they work?

A stablecoin represents an IOU in the form of a token on a blockchain. If you’re the owner of a $1 token, it means it should be possible for you to exchange this token for $1 in USD fiat. It…