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Biography | Stables.money is a decentralized finance (DeFi) platform built on the Ethereum blockchain. It is a protocol that allows users to create, exchange, and manage stablecoins, which are cryptocurrencies that are pegged to the value of a real-world asset such as the US dollar, Euro, or gold. Stables.money utilizes a mechanism called algorithmic stablecoin issuance, which means that it creates and mints new stablecoins based on a set of rules and parameters that are encoded into the protocol. |
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