Hello people..
In this section of beginners i will let you some info about stablecoins:
"A stablecoin is released and distributed according to the prevailing market conditions. Unlike the government-issued currencies, which are only issued depending on monetary policies. The pegging process happens at a given fixed ratio depending on the coin developer to retain significant reserves that are pegged in the currency and then assets covering the stable coin investors. Some coins have been compelled to break their pegs due to insufficient reserves."
If you interested about learning more here i let you the complete post:
https://crypto.co/news/a-beginners-guide-to-stablecoins/Hope it helps you.