cryptocurrencies, where the value of a digital asset should be pegged to a reference asset, which is either fiat money or commodity assets traded on the exchange (, such as precious metals or industrial metals), or another cryptocurrency.[1] In theory, a 1:1 backing with a reference asset could make the value of a stablecoin track the pegged value and not subject to radical price changes that are common in the market of many digital assets.[2] In practice, stablecoin issuers have yet to prove they can maintain adequate reserves to support a stable value,[neutrality is disputed] and there have been several cases of failure where investors lost all ( the value of fiat currency) of their assets.