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Tezos (XTZ) is a technology for deploying a blockchain capable of modifying its own set of rules with minimal disruption to the network through an on-chain governance model. Unlike Bitcoin, Tezos does not rely on mining, but instead utilizes a Proof-of-Stake based consensus model. Interestingly, Tezos has been built with the future in mind, aiming to be "the last cryptocurrency" with claims that the network's highly unique architecture can adapt to shifting technological trends.
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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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