Launched in 2019 by Suji Yan, Mask (MASK) is a protocol that allows its users to send encrypted messages over Twitter and Facebook. This acts as a bridge between the internet and a decentralized network creating what is referred to as a decentralized Applet (DApplet) ecosystem. This allows Mask Network users to add a level of privacy to their online interactions.
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*Â Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
*Â Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
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