Top Algorithmic Stablecoin Coins by Market Cap
The Algorithmic Stablecoin category has a total market cap of $1.81B, down 0.10% in the last 24 hours, with $3.73M traded. 0 coins listed.
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About Algorithmic Stablecoin
An algorithmic stablecoin is a type of stablecoin that maintains its peg to a specific value, such as a fiat currency or other assets through algorithmic mechanisms. These mechanisms adjust the supply of the stablecoin based on market demand often by issuing more coins when the price is above the peg and buying back or burning coins when the price is below the peg.