#criptomoeda When we start in the crypto world, we get confused between the differences of a cryptocurrency, a token, or a stablecoin, that's why today I bring you the Differences between them.

Cryptocurrency

- Decentralized digital currency that uses cryptography to secure transactions and control the creation of new units.

- It is not controlled by any government or financial institution.

- Examples: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC).

Token

- Digital representation of an asset or utility on a blockchain.

- Can be used to access services, represent a value, or as a means of exchange.

- Types of tokens:

- Utility token: grants access to a service or product.

- Security token: represents a value or ownership right.

- Non-fungible token (NFT): represents a unique and non-interchangeable asset.

- Examples: Binance Coin (BNB), Chainlink (LINK), Uniswap (UNI).

Stablecoin

- Cryptocurrency designed to maintain a stable value, generally linked to an asset like the US dollar.

- Objective: reduce volatility and provide a safe haven in the cryptocurrency market.

- Types of stablecoins:

- Fiat-backed stablecoin: backed by a fiat currency (for example, USDT, USDC).

- Crypto-collateralized stablecoin: backed by other cryptocurrencies (for example, DAI).

- Algorithmic stablecoin: uses algorithms to maintain stable value (for example, TerraUSD (UST)).

- Examples: Tether (USDT), USD Coin (USDC), Dai (DAI).

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