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- What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies? Over Wallet Quiz Answer Today
What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies? Over Wallet Quiz Answer Today
by Abisha
Updated Feb 19, 2024
What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies?
A) Governance Coin
B) Stable Coin
C) Utility Coin
D) Unstable Coin
The Correct answer is Stable Coin
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OverWallet is a type of blockchain called a layer 1 blockchain. It wants to be better than other blockchains by being more efficient and scalable. Some investors gave it $8 million to help it grow.
Over Protocol is like a special app system that gives free Over Wallets and Over Points to people who answer questions about the Over Wallet app. If you want to join in and get these free things, you can:
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What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies? - FAQ
The Correct answer is Stable Coin