Word of the Day · Archive

Stablecoin Noun

Noun

a cryptocurrency (= a system of electronic money) that is designed to have a relatively stable price, typically because its value is linked to a currency or product, or its supply is subject to regulation

Dollar-pegged and algorithmic stablecoins have proliferated in recent years.

Sanskrit equivalent

स्थिरमूल्यक्रिप्टमुद्रा

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