The primary use for a stablecoin is facilitating trades on crypto exchanges . Instead of buying bitcoin directly with fiat currency, like the US dollar, traders often exchange fiat for a stablecoin — and then execute a trade with the stablecoin for another cryptocurrency like bitcoin or ether.
Read moreIs Cointelegraph reputable?
Cointelegraph has an overall rating of 3.4 out of 5 , based on over 31 reviews left anonymously by employees. 52% of employees would recommend working at Cointelegraph to a friend and 55% have a positive outlook for the business. This rating has decreased by -5% over the last 12 months.
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17 Best Cryptocurrency News Websites
Read moreWhat is this blockchain?
Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network . An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).
Read moreWho invented Bitcoin?
Satoshi NakamotoBorn5 April 1975 (claimed) Japan (claimed)NationalityJapanese (claimed)Known forInventing bitcoin, implementing the first blockchainScientific careerSatoshi Nakamoto – Wikipedia en.wikipedia.org › wiki › Satoshi_Nakamoto
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