About Stablecoins

Stablecoins are digital currencies designed to maintain a steady value by being pegged (or affixed) to real-world assets, such as the US dollar.

Unlike most cryptocurrencies, stablecoins offer price stability, making them ideal for trading, holding, and transferring funds without significant value changes.

Stablecoins maintain value through backing by reserves, such as fiat currency (e.g., USDT, USDC) or over-collateralized cryptocurrencies. Some rely on algorithms to adjust supply.

Stablecoins on Chiliz Chain are:

• USDT (Tether): Pegged to the US dollar and backed by reserves.

• USDC (USD Coin): Pegged to the US dollar and backed by reserves.

• BRZ: Pegged to the Brazilian Real and backed by reserves.

For more details, see the link the table of stablecoins available on the Chiliz Chain:

Stablecoins on Chiliz Chain