What Is a Pegged Currency in Crypto? How These Cryptos Spur Economic Growth?
Smart contracts and stablecoins are two essential concepts in the blockchain and cryptocurrency world. In this text, we discuss how smart contracts help maintain the pegged value of stablecoins and introduce the concept of oracles. We also explore different types of pegging mechanisms and their advantages and disadvantages. Decentralized economies, such as those found in … Read more