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What is the Business Model Behind Stablecoins? (
1 point by Elizebeth 15 days ago | web | 1 comment

The business model behind stablecoins revolves around maintaining a stable value typically tied to a fiat currency or an asset. Companies issuing stablecoins generate revenue through various mechanisms like transaction fees, interest on reserves, and providing services to users and businesses within the stablecoin ecosystem. Additionally, they might engage in partnerships or investments to further grow their ecosystem and generate revenue streams. Overall, the goal is to ensure stability and facilitate transactions within the cryptocurrency market.