Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

hich of the following regarding stablecoin is correct? A. Stablecoin can peg to US dollars or gold. B. Stablecoin as a crypto asset can be

hich of the following regarding stablecoin is correct? A. Stablecoin can peg to US dollars or gold. B. Stablecoin as a crypto asset can be traded on only CEXs because the fiat currency is centrally controlled by the government. C. The price of stablecoin, by definition, must be stable. D. Tether is a stablecoin pegged to gold

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Business Mathematics with Canadian Applications

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

10th edition

133052311, 978-0133052312

Students also viewed these Economics questions