A Crypto Startup Aims to Bring Stability to a Volatile Market

Jun 25, 2018 · 4 min read
Image for post
Image for post
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…

To keep reading this story, get the free app or log in.
Read the rest of this story with a free account.

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store