A Crypto Startup Aims to Bring Stability to a Volatile Market

Forbes
Forbes
Jun 25, 2018 · 4 min read
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Photo: Chip Somodevilla/Getty Images

By Dante Disparte

A new cryptocurrency startup, Reserve, with backing from investors including Peter Thiel and others, aims to solve one of the biggest challenges with cryptocurrencies. Namely, price stability and functionality as a true form of transactional money. These so-called stablecoins, which most crypto projects have tried to resolve by pegging to a…

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