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Digital currency is a type of currency that has no physical form and only exists in digital form. Digital currencies include virtual money and cryptocurrency.
e.g. Bitcoin, Bitcoin Cash, Ether, Ripple, Tether USD, USD Coin, Stasis EURO, CryptoFranc, etc.,
Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.
e.g. Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies.