What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies?

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To begin a quiz, open the OverWallet app, select the “Missions” tab, and select “Daily quiz”.

In this guide, you’ll learn the answer to “What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies?” in OverWallet.

What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies?

A) Governance Coin

B) Stable Coin

C) Utility Coin

D) Unstable Coin

The Correct answer is Stable Coin


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