this post was submitted on 12 Aug 2025
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Explain Like I'm Five

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[–] napkin2020@sh.itjust.works 4 points 6 days ago

how are stablecoins better than just plain ol' bitcoin?

They're not better. They're fundamentally different.

How do they keep the value at $1 USD?

That's the secret. They don't. All we have is a said pinky swear. Stable coins are not truely stable.

But what is? USD is not truly stable in terms of its value either.