Since stable coins have almost the same value, it is more advantageous to use a different exchange algorithm than volatile coins. What is this algorithm called?

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In this guide, you’ll learn the answer to “Since stable coins have almost the same value, it is more advantageous to use a different exchange algorithm than volatile coins. What is this algorithm called?” in OverWallet.

Since stable coins have almost the same value, it is more advantageous to use a different exchange algorithm than volatile coins. What is this algorithm called?

Question: Since stable coins have almost the same value, it is more advantageous to use a different exchange algorithm than volatile coins. What is this algorithm called?

Answer: Stable Swap.

Further reading

What is not a method used to ensure price stability of stable coins?

What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies?

What is the name of an exchange that combines a lending protocol with a decentralized exchange to facilitate perpetual futures trading?