A coin that is designed to have a stable price by pegging the price of the coin to a commodity, usually a fiat currency such as USD.

For example, USDT-TRON (TRC-20 USDT) is a TRON based token that is pegged to USD.

For each 1 USDT stablecoin that exist in the market, there must be a value equivalent to that of a single U.S. dollar and are backed by dollar deposits.

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