What is the difference Between Stablecoin and Security token?

Posted by Magdalena Richard
2
Feb 17, 2024
77 Views
A security token is a blockchain-based digital token representing ownership in an asset, typically a real-world asset like company equity, real estate, or other financial instruments.On the other hand, a stablecoin is a type of cryptocurrency designed to maintain a stable value relative to a specific reference, such as a fiat currency like the US dollar. Backing stablecoins with security tokens increases the overall business operations.
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