What is HBAR crypto used for?

HBAR is the native, energy-efficient cryptocurrency of the Hedera public network. Hbars are used to power decentralized applications and protect the network from malicious actors . Developers use hbars to pay for network services, such as transferring hbars, managing fungible and non-fungible tokens, and logging data.

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Is spell token a stable coin?

About Spell Token SPELL is an Ethereum token that governs Abracadabra.money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00.

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