Tag: pegged dollar This

What Is Dai Crypto Used For

Dai Crypto is a stablecoin built on the Ethereum blockchain that is pegged to the US Dollar 1-to-1. Dai is used as a medium of exchange and as a store of value. Dai holders can use Dai to pay for goods and services, and Dai can be used to invest in other cryptocurrencies. Dai is […]

What Is Tusd Crypto

What Is Tusd Crypto? TUSD is a cryptocurrency that is pegged to the US dollar. This means that one TUSD is always worth $1.00. TUSD is a stablecoin, meaning that its value is stable and it is not as volatile as other cryptocurrencies. TUSD is created by TrustToken, a company that is focused on creating […]

What Does Tether Mean In Crypto

What is Tether? Tether is a cryptocurrency that is pegged to the US dollar. This means that one Tether is always worth $1. Tether is created by the Tether Limited company, which is based in the British Virgin Islands. The main purpose of Tether is to provide a stablecoin that can be used for transactions […]

What Is Nusd Crypto

What is NUSD Crypto? NUSD is a cryptocurrency that is pegged to the US dollar. It was created in early 2018 by the NuCypher team. NUSD is built on the Ethereum blockchain and is intended to be a stable and reliable currency for use in everyday transactions. How Does NUSD Work? NUSD is a stablecoin […]