{"id":1231,"date":"2023-02-07T18:05:56","date_gmt":"2023-02-07T17:05:56","guid":{"rendered":"https:\/\/pyxans.com\/?p=1231"},"modified":"2023-02-07T18:29:58","modified_gmt":"2023-02-07T17:29:58","slug":"stablecoins","status":"publish","type":"post","link":"https:\/\/pyxans.com\/index.php\/2023\/02\/07\/stablecoins\/","title":{"rendered":"Quelles d\u00e9finition des stablecoins"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1231\" class=\"elementor elementor-1231\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1579fe4 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"1579fe4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-207935e\" data-id=\"207935e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4211cee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4211cee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e48a804\" data-id=\"e48a804\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b00e5b9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b00e5b9\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.0 - 13-02-2023 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#2c2c2c;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text 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.elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d851f1 elementor-widget elementor-widget-spacer\" data-id=\"7d851f1\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.0 - 13-02-2023 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2752589 elementor-widget elementor-widget-heading\" data-id=\"2752589\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.0 - 13-02-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h3 class=\"elementor-heading-title elementor-size-default\">Pourquoi ?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41a244d elementor-widget elementor-widget-button\" data-id=\"41a244d\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">La volatilit\u00e9<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a53a89f elementor-position-left elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"a53a89f\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.0 - 13-02-2023 *\/\n.elementor-widget-image-box .elementor-image-box-content{width:100%}@media (min-width:768px){.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper,.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{display:flex}.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{text-align:right;flex-direction:row-reverse}.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper{text-align:left;flex-direction:row}.elementor-widget-image-box.elementor-position-top .elementor-image-box-img{margin:auto}.elementor-widget-image-box.elementor-vertical-align-top .elementor-image-box-wrapper{align-items:flex-start}.elementor-widget-image-box.elementor-vertical-align-middle .elementor-image-box-wrapper{align-items:center}.elementor-widget-image-box.elementor-vertical-align-bottom .elementor-image-box-wrapper{align-items:flex-end}}@media (max-width:767px){.elementor-widget-image-box .elementor-image-box-img{margin-left:auto!important;margin-right:auto!important;margin-bottom:15px}}.elementor-widget-image-box .elementor-image-box-img{display:inline-block}.elementor-widget-image-box .elementor-image-box-title a{color:inherit}.elementor-widget-image-box .elementor-image-box-wrapper{text-align:center}.elementor-widget-image-box .elementor-image-box-description{margin:0}<\/style><div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"232\" height=\"237\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-1.png\" class=\"attachment-full size-full wp-image-1233\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-1.png 232w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-1-143x146.png 143w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-1-50x50.png 50w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-1-73x75.png 73w\" sizes=\"auto, (max-width: 232px) 100vw, 232px\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\"><br>Le prix des cryptomonnaies est\nd\u00e9termin\u00e9 par le march\u00e9, c\u2019est-\u00e0-dire par\nla rencontre de l\u2019offre et de la demande.<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98f6591 elementor-widget elementor-widget-text-editor\" data-id=\"98f6591\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.0 - 13-02-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-family: Lexend, -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: 10px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; white-space: pre-wrap; letter-spacing: 0px;\">Il varie selon que l\u2019un ou l\u2019autre l\u2019emporte. <\/span>Mais sur ce march\u00e9 sp\u00e9cifique, le prix est aussi\u00a0largement impact\u00e9 par la propension d\u2019une\u00a0partie des acteurs \u00e0 sp\u00e9culer.\u00a0Il en r\u00e9sulte une tr\u00e8s grande volatilit\u00e9.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecfb565 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ecfb565\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ceba456 elementor-widget elementor-widget-spacer\" data-id=\"ceba456\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44eb097 elementor-widget elementor-widget-heading\" data-id=\"44eb097\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Comment ?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-398529f elementor-widget elementor-widget-button\" data-id=\"398529f\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">En s'adossant \u00e0 d'autres actifs<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c1c1c43 elementor-position-left elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"c1c1c43\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"236\" height=\"244\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2.png\" class=\"attachment-full size-full wp-image-1234\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2.png 236w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-141x146.png 141w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-48x50.png 48w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-73x75.png 73w\" sizes=\"auto, (max-width: 236px) 100vw, 236px\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">Les stablecoins sont pr\u00e9sent\u00e9s comme des cryptoactifs pouvant s\u2019\u00e9changer \u00e0 un prix stable \u00e0 tout moment. <\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f8c7b6 elementor-widget elementor-widget-text-editor\" data-id=\"6f8c7b6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-family: Lexend, -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: 10px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; white-space: pre-wrap;\">Cette stabilit\u00e9 est assur\u00e9e en adossant le stablecoin \u00e0 d\u2019autres actifs financiers :<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5adc87d elementor-widget elementor-widget-image\" data-id=\"5adc87d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.0 - 13-02-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"539\" height=\"293\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-bis.png\" class=\"attachment-large size-large wp-image-1241\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-bis.png 539w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-bis-300x163.png 300w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-bis-260x141.png 260w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-bis-50x27.png 50w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-2-bis-138x75.png 138w\" sizes=\"auto, (max-width: 539px) 100vw, 539px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a4eaf1 elementor-widget elementor-widget-text-editor\" data-id=\"3a4eaf1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span class=\"S1PPyQ\">Le maintien de la parit\u00e9 est assur\u00e9 de fa\u00e7on classique par la constitution de r\u00e9serves ou via des algorithmes et des <i>smart contracts<\/i>.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-195b525 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"195b525\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42bbf39 elementor-widget elementor-widget-spacer\" data-id=\"42bbf39\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e176f9 elementor-widget elementor-widget-heading\" data-id=\"3e176f9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Autre avantage ?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f224af elementor-widget elementor-widget-button\" data-id=\"4f224af\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">La liquidit\u00e9<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2c9719 elementor-position-left elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"b2c9719\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"247\" height=\"180\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-3.png\" class=\"attachment-full size-full wp-image-1235\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-3.png 247w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-3-200x146.png 200w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-3-50x36.png 50w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-3-103x75.png 103w\" sizes=\"auto, (max-width: 247px) 100vw, 247px\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">En facilitant les \u00e9changes d\u2019une cryptomonnaie vers de la monnaie fiduciaire, les   stablecoins   \u00e9vitent<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65bad34 elementor-widget elementor-widget-text-editor\" data-id=\"65bad34\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-family: Lexend, -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: 10px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; white-space: pre-wrap;\">les conversions successives entre cryptomonnaies, notamment vers le Bitcoin, et favorisent donc les \u00e9changes.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2c5fff elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d2c5fff\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ff217b elementor-widget elementor-widget-spacer\" data-id=\"5ff217b\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b70de0a elementor-widget elementor-widget-heading\" data-id=\"b70de0a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Quelle r\u00e9gulation ? <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24a1d2a elementor-widget elementor-widget-button\" data-id=\"24a1d2a\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Dans le giron de Mica<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5128210 elementor-position-left elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"5128210\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"164\" height=\"212\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-4.png\" class=\"attachment-full size-full wp-image-1236\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-4.png 164w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-4-113x146.png 113w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-4-39x50.png 39w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-4-58x75.png 58w\" sizes=\"auto, (max-width: 164px) 100vw, 164px\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">L'\u00e9mission de stablecoins n'est pas encadr\u00e9e \u00e0 ce jour en Europe. Cela devrait changer avec l'entr\u00e9e en vigueur du r\u00e8glement Mica qui pr\u00e9voit<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b2df44 elementor-widget elementor-widget-text-editor\" data-id=\"4b2df44\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-family: Lexend, -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: 10px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; white-space: pre-wrap;\">une supervision des \u00e9metteurs.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-014fd6e\" data-id=\"014fd6e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f7d8a69 elementor-widget elementor-widget-image\" data-id=\"f7d8a69\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"757\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-768x757.png\" class=\"attachment-medium_large size-medium_large wp-image-1238\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-768x757.png 768w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-300x296.png 300w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-1024x1009.png 1024w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-148x146.png 148w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-50x50.png 50w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-76x75.png 76w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-85x85.png 85w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion-80x80.png 80w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Bitcoin-explosion.png 1430w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33f854a elementor-widget elementor-widget-spacer\" data-id=\"33f854a\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69c438f elementor-widget elementor-widget-heading\" data-id=\"69c438f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">LES\nSTABLECOINS<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3cad2b elementor-widget elementor-widget-spacer\" data-id=\"e3cad2b\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-232c5cc elementor-widget elementor-widget-text-editor\" data-id=\"232c5cc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>La semaine derni\u00e8re, Bloomberg annon\u00e7ait que l&#8217;agence de notation Moody&#8217;s travaillait sur un syst\u00e8me de notation des stablecoins. Int\u00e9ressant, quand on sait le r\u00f4le qu&#8217;ont jou\u00e9 ces fameuses notes dans la formation de la bulle sp\u00e9culative autour des subprimes.<\/p><p>Quel lien peut-on faire entre ces deux sujets ?\u00a0<\/p><p><span style=\"letter-spacing: 0px;\">Les stablecoins sont des valeurs-refuge pour un nombre grandissant d&#8217;investisseurs qui souhaitent se prot\u00e9ger de la volatilit\u00e9 sur le march\u00e9 des cryptos. Leur notation par une agence de renomm\u00e9e mondiale aura une importance consid\u00e9rable pour eux. De plus, les stablecoins sont vendus comme \u00e9tant particuli\u00e8rement s\u00fbrs en cas de mouvements disruptifs sur les march\u00e9s. Leurs r\u00e9serves sont cens\u00e9es, en effet, permettre les rachats \u00e0 tout moment, m\u00eame en cas de rachats massifs.<\/span><\/p><p><strong>Mais \u00e7a n&#8217;est \u00e9videmment pas aussi simple !<\/strong>\u00a0<span style=\"letter-spacing: 0px;\">Et la plupart des m\u00e9canismes suppos\u00e9s assurer la stabilit\u00e9 des stablecoins sont extr\u00eamement complexes.\u00a0<\/span><span style=\"letter-spacing: 0px;\">La chute du stablecoin TerraUSD en est l&#8217;un des exemples les plus c\u00e9l\u00e8bres.<\/span><\/p><p>Certains r\u00e9gulateurs voyaient d\u00e9j\u00e0 d&#8217;un mauvais \u0153il ses actifs pr\u00e9sent\u00e9s comme trop s\u00fbrs, mais depuis la chute du TerraUSD, les stablecoins sont clairement dans leur viseur. Partout dans le monde, des initiatives l\u00e9gislatives visent \u00e0 superviser la gouvernance et le suivi de l&#8217;\u00e9mission des stablecoins. <strong>Certains sont particuli\u00e8rement fustig\u00e9s : les stablecoins algorithmiques.<\/strong> <strong>L&#8217;autorit\u00e9 de r\u00e9gulation d&#8217;Hong Kong en a d&#8217;ores et d\u00e9j\u00e0 banni l&#8217;utilisation.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-055181b elementor-widget elementor-widget-spacer\" data-id=\"055181b\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c9df4aa elementor-widget elementor-widget-text-editor\" data-id=\"c9df4aa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Tous les stablecoins ne re\u00e7oivent donc pas le m\u00eame accueil car ils ne repr\u00e9sentent pas tous le m\u00eame niveau de risques.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-998aa9e elementor-widget elementor-widget-spacer\" data-id=\"998aa9e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b5f4ac elementor-widget elementor-widget-text-editor\" data-id=\"5b5f4ac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Pour certains, tous les cryptoactifs revendiquant l&#8217;appellation de stablecoin ne la m\u00e9ritent pas forc\u00e9ment et, pour d&#8217;autres, certains stablecoins rel\u00e8vent m\u00eame de la pure arnaque.<\/p><p>Il y a donc plusieurs d\u00e9finitions des stablecoins mais, en r\u00e9sum\u00e9, il n&#8217;y en a que trois types : <strong>les stablecoins dits classiques qui fonctionnent avec des r\u00e9serves de fa\u00e7on centralis\u00e9e ou d\u00e9centralis\u00e9e et les stablecoins algorithmiques.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-c8e6299 elementor-widget elementor-widget-spacer\" data-id=\"c8e6299\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8cedc25 elementor-widget elementor-widget-heading\" data-id=\"8cedc25\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">LES STABLECOINS COLLATERALISES CENTRALISES<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-730d748 elementor-widget elementor-widget-spacer\" data-id=\"730d748\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-202e160 elementor-widget elementor-widget-text-editor\" data-id=\"202e160\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Leur valeur est adoss\u00e9e \u00e0 un actif <i>off chain<\/i> conserv\u00e9 en r\u00e9serve chez un tiers, appel\u00e9 d\u00e9positaire, conform\u00e9ment \u00e0 une parit\u00e9 pr\u00e9d\u00e9termin\u00e9e. En g\u00e9n\u00e9ral, l\u2019actif est une monnaie fiat et la parit\u00e9 de 1 pour 1.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ad0a51c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ad0a51c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4e3ca93\" data-id=\"4e3ca93\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-50bc8c8 elementor-widget elementor-widget-text-editor\" data-id=\"50bc8c8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Fonctionnement :&nbsp;<\/p>\n<p>Une unit\u00e9 de cryptomonnaie (un token) ne peut \u00eatre \u00e9mise qu\u2019apr\u00e8s qu\u2019une unit\u00e9 de monnaie fiat (ex. dollar) a \u00e9t\u00e9 d\u00e9pos\u00e9e chez le d\u00e9positaire. Inversement, un token est d\u00e9finitivement retir\u00e9 de la circulation (\u00ab burn \u00bb) d\u00e8s que l\u2019\u00e9quivalent d\u2019un dollar est retir\u00e9 du compte ouvert dans les livres du d\u00e9positaire.&nbsp;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5400a3b elementor-widget elementor-widget-text-editor\" data-id=\"5400a3b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Le montant des r\u00e9serves varie en parall\u00e8le du montant de cryptomonnaie en circulation.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b588f2a elementor-widget elementor-widget-text-editor\" data-id=\"b588f2a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Inconv\u00e9nients :<\/p>\n<p>Ces stablecoins sont dit centralis\u00e9s, car ils impliquent l\u2019intervention d\u2019une tierce partie, le d\u00e9positaire. Celui-ci v\u00e9rifie l\u2019existence du collat\u00e9ral et garantit la parit\u00e9 du stablecoin. Cela engendre n\u00e9cessairement un co\u00fbt auquel devrait s\u2019ajouter celui d\u2019audits ind\u00e9pendants r\u00e9guliers permettant d\u2019assurer la confiance du march\u00e9.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fbe1b50 elementor-widget elementor-widget-text-editor\" data-id=\"fbe1b50\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>A ce titre, bien qu\u2019\u00e9tant le plus ancien et le plus r\u00e9pandu des stablecoins centralis\u00e9, le Tether est r\u00e9guli\u00e8rement point\u00e9 du doigt pour son manque de transparence sur ces r\u00e9serves.\u00a0<\/em><\/p><p><em>Le groupe a d&#8217;ailleurs \u00e9cop\u00e9 d\u2019une amende de 41 millions de USD fin 2021 prononc\u00e9e par la CFTC (Commodity Futures Trading Commission, l\u2019AMF am\u00e9ricain) en raison de mouvements suspects en provenance de Bitfinex devant permettre d\u2019afficher un niveau de r\u00e9serves satisfaisant juste avant la cl\u00f4ture trimestrielle.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-aecb4e2\" data-id=\"aecb4e2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8b02acc elementor-widget elementor-widget-image\" data-id=\"8b02acc\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1430\" height=\"950\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Centralis.png\" class=\"attachment-full size-full wp-image-1239\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Centralis.png 1430w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Centralis-300x199.png 300w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Centralis-1024x680.png 1024w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Centralis-768x510.png 768w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Centralis-220x146.png 220w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Centralis-50x33.png 50w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Centralis-113x75.png 113w\" sizes=\"auto, (max-width: 1430px) 100vw, 1430px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8f8ba7d elementor-widget elementor-widget-spacer\" data-id=\"8f8ba7d\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3341c2 elementor-widget elementor-widget-button\" data-id=\"b3341c2\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Tether - USDT<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea7bc7e elementor-widget elementor-widget-text-editor\" data-id=\"ea7bc7e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Adoss\u00e9 au dollar<br \/>Capitalisation : 68.1 milliards $<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba0e99e elementor-widget elementor-widget-button\" data-id=\"ba0e99e\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Pax Gold - PAXG<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b65b518 elementor-widget elementor-widget-text-editor\" data-id=\"b65b518\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Adoss\u00e9 \u00e0 l&#8217;or<br \/>Capitalisation : 507.37 million $<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4800ed elementor-widget elementor-widget-spacer\" data-id=\"c4800ed\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ac31ca elementor-widget elementor-widget-spacer\" data-id=\"2ac31ca\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcc88e5 elementor-widget elementor-widget-heading\" data-id=\"fcc88e5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">LES STABLECOINS COLLATERALISES DECENTRALISES<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8d7f41e elementor-widget elementor-widget-spacer\" data-id=\"8d7f41e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f1be994 elementor-widget elementor-widget-text-editor\" data-id=\"f1be994\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Leur valeur est garantie par la constitution d&#8217;une r\u00e9serve d&#8217;autres cryptomonnaies, actifs <i>on chain<\/i>, sans qu&#8217;aucune entit\u00e9 de centralisation n&#8217;intervienne. Le march\u00e9 des cryptomonnaies \u00e9tant tr\u00e8s volatil, le collat\u00e9ral est dit \u00ab surdimensionn\u00e9 \u00bb : au lieu d&#8217;\u00eatre de 1 pour 1, la parit\u00e9 requise est g\u00e9n\u00e9ralement plut\u00f4t autour de 2 pour 1.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-324b652 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"324b652\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d3a7e5e\" data-id=\"d3a7e5e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-115ff8f elementor-widget elementor-widget-image\" data-id=\"115ff8f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Decentralis-1024x683.png\" class=\"attachment-large size-large wp-image-1240\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Decentralis-1024x683.png 1024w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Decentralis-300x200.png 300w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Decentralis-768x512.png 768w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Decentralis-219x146.png 219w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Decentralis-50x33.png 50w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Decentralis-112x75.png 112w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Decentralis.png 1430w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-600185a elementor-widget elementor-widget-button\" data-id=\"600185a\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Dai - DAI <\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f100ac elementor-widget elementor-widget-text-editor\" data-id=\"3f100ac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Adoss\u00e9 \u00e0 <span class=\"S1PPyQ\"> l&#8217;Ether (ETH)\u00a0<\/span><br \/>Capitalisation : <span class=\"S1PPyQ\">5.1 milliards $<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2af2edd elementor-widget elementor-widget-button\" data-id=\"2af2edd\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Jarvis Synthetic Euro - JEUR <\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a06c885 elementor-widget elementor-widget-text-editor\" data-id=\"a06c885\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span class=\"S1PPyQ\">Adoss\u00e9 \u00e0 l&#8217;USDC<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7f5b709\" data-id=\"7f5b709\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-24e3418 elementor-widget elementor-widget-text-editor\" data-id=\"24e3418\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Fonctionnement :\u00a0<\/p><p>Pour une parit\u00e9 de 2 pour 1, une unit\u00e9 de stablecoin ne peut \u00eatre \u00e9mise qu\u2019apr\u00e8s que deux unit\u00e9s de cryptomonnaie a \u00e9t\u00e9 mise en garantie via smart contracts. Si la parit\u00e9 n&#8217;est plus respect\u00e9e, le protocole ajuste automatiquement le montant de r\u00e9serve.<\/p><p>Inconv\u00e9nients :\u00a0<\/p><p>Ces stablecoins sont toujours sujets au risque de volatilit\u00e9 sur l&#8217;actif qui sert de collat\u00e9ral. De plus, le collat\u00e9ral \u00e9tant immobilis\u00e9 en r\u00e9serve, il fait supporter\u00a0<span style=\"font-family: Lexend, -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: 13px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 0px;\">aux investisseurs\u00a0<\/span><span style=\"letter-spacing: 0px;\">un co\u00fbt d&#8217;opportunit\u00e9 \u00e9lev\u00e9.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f7c265 elementor-widget elementor-widget-spacer\" data-id=\"3f7c265\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec3171e elementor-widget elementor-widget-spacer\" data-id=\"ec3171e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cab3b0 elementor-widget elementor-widget-heading\" data-id=\"7cab3b0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">LES STABLECOINS NON COLLATERALISES ALGORITHMIQUES<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7aac92e elementor-widget elementor-widget-spacer\" data-id=\"7aac92e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e7b00c2 elementor-widget elementor-widget-text-editor\" data-id=\"e7b00c2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Contrairement aux autres stablecoins, les stablecoins algorithmiques n\u2019assurent pas le maintien de leur parit\u00e9 par la constitution de r\u00e9serves, mais par l\u2019ex\u00e9cution d\u2019algorithmes et de <em>smart contracts<\/em>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6b6bf49 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b6bf49\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f431962\" data-id=\"f431962\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-02f2740 elementor-widget elementor-widget-text-editor\" data-id=\"02f2740\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Fonctionnement :<\/p>\n<p>Le protocole blockchain permet de monitorer et d\u2019ajuster la quantit\u00e9 de cryptomonnaie en circulation afin que le stablecoin maintienne sa parit\u00e9 avec l\u2019actif sous-jacent (une monnaie fiat ou autre). Ainsi un ensemble de m\u00e9canismes automatiques va permettre d\u2019\u00e9mettre des unit\u00e9s de cryptomonnaie en plus lorsque le prix du stablecoin est au-dessus de celui du sous-jacent et \u00e0 l\u2019inverse de bruler des unit\u00e9s de cryptomonnaie lorsque le prix est en-de\u00e7\u00e0 de celui du sous-jacent.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4dae926 elementor-widget elementor-widget-text-editor\" data-id=\"4dae926\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>C\u2019est le m\u00eame m\u00e9canisme que pratiquent les banques centrales lorsqu\u2019elles font de la politique mon\u00e9taire. La grosse diff\u00e9rence ici est que le m\u00e9canisme d\u2019ajustement est assur\u00e9 de fa\u00e7on d\u00e9centralis\u00e9e.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c0c338 elementor-widget elementor-widget-text-editor\" data-id=\"8c0c338\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Ce type de stablecoins permet d&#8217;\u00e9viter de mettre en r\u00e9serve des actifs qui pourraient \u00eatre investis ailleurs. N\u00e9anmoins, ce mod\u00e8le de double token ne permet pas de maintenir un \u00e9quilibre en cas de variations importantes sur le march\u00e9 et fait courir un risque de spirale baissi\u00e8re, le plus souvent fatale. Ce fut le cas avec le d\u00e9crochage du Luna qui entra\u00eena la chute de son stablecoin, le Terra USD (UST).<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-9499b33\" data-id=\"9499b33\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-18ebc61 elementor-widget elementor-widget-image\" data-id=\"18ebc61\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1430\" height=\"1021\" src=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Algo.png\" class=\"attachment-full size-full wp-image-1237\" alt=\"\" srcset=\"https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Algo.png 1430w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Algo-300x214.png 300w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Algo-1024x731.png 1024w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Algo-768x548.png 768w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Algo-204x146.png 204w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Algo-50x36.png 50w, https:\/\/pyxans.com\/wp-content\/uploads\/2023\/02\/Stablecoin-Algo-105x75.png 105w\" sizes=\"auto, (max-width: 1430px) 100vw, 1430px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-546ff7b elementor-widget elementor-widget-spacer\" data-id=\"546ff7b\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-835da19 elementor-widget elementor-widget-button\" data-id=\"835da19\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Frax - FRAX<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a9329ef elementor-widget elementor-widget-text-editor\" data-id=\"a9329ef\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Adoss\u00e9 au FXS (Frax Share)<br \/>Capitalisation : 1 milliard $<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b554f33 elementor-widget elementor-widget-button\" data-id=\"b554f33\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Terra Luna - USTC<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56e2f09 elementor-widget elementor-widget-text-editor\" data-id=\"56e2f09\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Adoss\u00e9 au Luna<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6379bf0 elementor-widget elementor-widget-spacer\" data-id=\"6379bf0\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>La semaine derni\u00e8re, Bloomberg annon\u00e7ait que l&#8217;agence de notation Moody&#8217;s travaillait sur un syst\u00e8me de notation des stablecoins. Int\u00e9ressant, quand on sait le r\u00f4le qu&#8217;ont jou\u00e9 ces fameuses notes dans la formation de la bulle sp\u00e9culative autour des subprimes.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[8],"tags":[16,12,10,13,14,11,18,9,15],"class_list":["post-1231","post","type-post","status-publish","format-standard","hentry","category-crypto","tag-algorithmique","tag-bitcoin","tag-crypto","tag-dai","tag-ether","tag-mica","tag-reglementation-europeenne","tag-stablecoins","tag-tether"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/posts\/1231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/comments?post=1231"}],"version-history":[{"count":49,"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/posts\/1231\/revisions"}],"predecessor-version":[{"id":1299,"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/posts\/1231\/revisions\/1299"}],"wp:attachment":[{"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/media?parent=1231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/categories?post=1231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pyxans.com\/index.php\/wp-json\/wp\/v2\/tags?post=1231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}