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Prerequisites

What_are_Smart_Contracts

What_is_DeFi

What_is_a_DEX

What_are_Oracles

Subgraph

graph LR 1["What are Smart Contracts"]-->0{"What are Stablecoins"} 2["What is DeFi"]-->0{"What are Stablecoins"} 3["What is a DEX"]-->0{"What are Stablecoins"} 4["What are Oracles"]-->0{"What are Stablecoins"} click 1 "../What_are_Smart_Contracts" "What are Smart Contracts" click 2 "../What_is_DeFi" "What is DeFi" click 3 "../What_is_a_DEX" "What is a DEX" click 4 "../What_are_Oracles" "What are Oracles"

Description

A stablecoin is a cryptocurrency that is pegged to another asset usually fiat currency. This allows for a more stable value for the coin as opposed to cryptocurrencies that can be subject to large price swings. There are a number of different stablecoins in circulation but the most popular is Tether which is pegged to the US dollar.

Links

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