Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

Which 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 to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

International Economics

Authors: Robert Carbaugh

15th edition

1285854357, 978-1305177093, 1305177096, 978-1285854359

More Books

Students also viewed these Economics questions

Question

Need help with these

Answered: 1 week ago

Question

2. How do I perform this role?

Answered: 1 week ago