Stablecoins, the holy grail of every exchange that can’t work with traditional fiat currencies.
After Tether’s USDT, that has been the stablecoin of choice for many years, suffered from severe rumors that the highly controversial token isn’t backed by real US dollars on a 1:1 basis, countless players in the blockchain world sensed a magnificent and profitable opportunity to launch a stablecoin as well.
Throughout the past 12 months, dozens of new non-volatile cryptocurrencies emerged from the shadows, including the three original stablecoin types fiat-backed, crypto-backed and non-backed. Whether it’s the Gemini Dollar, MakerDAO or bitUSD — their value should…
While some experts are already proclaiming that the so called Security Token Offering (STO) is the future of corporate funding, others fear that the highly regulated U.S. security market might be a great hurdle for getting the ball rolling. As the debate continues, a handful start-ups like tZero and Aboveboard are already a step ahead and actually started issuing their very own security tokens. As Anthony Pompliano so often puts it when talking about cryptocurrencies and security tokens: The virus is spreading, and in this brief article we will explore why and how fast.
Cryptocurrency Trader & Writer