How stablecoins stay stable, explained

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Stablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar.
Can a stablecoin make Ethereum scalable?Crypto-backed stablecoin Free TON aspires to provide a layer-two solution for Ethereum’s scalability problems.With overloaded Ethereum increasingly choked by slow transaction speeds and widely overinflated gas prices, the Free TON stablecoin will be a “true layer-two solution with immense upside,” TON Labs added. “The application of Free TON’s second layer solution does much to remedy these problems. With the stablecoin, super cheap microtransactions can now be made and in a fraction of the time it would take on the original blockchain.”That in turn opens up a wide variety of new uses, ranging from making small payments viable, in fields like payment and gaming, it said.Along with the new bridge between Free TON and Ethereum built by Broxius and the

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Źródło: https://cointelegraph.com/explained/how-stablecoins-stay-stable-explained

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