Central Bank of Russia is testing crypto ! - Is steem a stablecoin ?!
In this video I shared the news about Russian central bank of Russia what leaded me talking about steem.
The main questions I have : ''Is steem a stable coin ? If it is, to what asset it's pagged ?''
So, I translated in the video this article about Central Bank of Russia testing cryptocurrency
I think that's a good news to all crypto world, because more and more countries are accepting it now.
Then I found in the article that they are testing stablecoins, what leaded me to read a bit about them, so I've found this article : The Complete Guide to Stablecoins
And there I liked this definition :
... a Stablecoin is a cryptocurrency pegged to another asset. Or, a global digital currency solely unrelated to a central entity. Stablecoins make for practical usage of cryptocurrencies by allowing for secure, convenient transactions without the high volatility traditional cryptocurrencies hold.
So, a stablecoin is pagged to an asset and I would like to know to what asset is pegged steem in case it's a stablecoin.
I've found that about steem here : A brief history of Stablecoins
I'm not sure if that's true and if steem is a stablecoin or not, but I would like to ask the community this way.
I'm just sharing what I've found in the web and I would like to know your opinion. It's not my cointent and I want to know if that right or wrong. Please let me know.
For more details, check the video !
Enjoy watching.
You can follow me in all these social media and let me know in the comments, how can I find you to follow :
Facebook group , Twitter, Quora, Reddit, Youtube, Instagram, TikTok , Medium, lbry
I'm promoting steem in all of them. Let's connect there and promote it together !
I'm also the founder of @dcooperation , the community where we collaborate. You're welcome to join us in our discrod server.
Here is the community in beta.steemit, you can subscribe and post in it : https://beta.steemit.com/trending/hive-177976
Check here what else I do to promote steem : The efforts I do to promote steem !
Subscribe to my 3speak channel !
▶️ 3Speak
@tipu curate
Posted using Steeve, an AI-powered Steem interface
Upvoted 👌 (Mana: 10/15 - need recharge?)
Thanks for your support !