Stablecoins: Essential info for confused cryptocurrency traders

Stablecoins: Essential info for confused cryptocurrency traders
фото показано с : thenextweb.com

2018-10-26 15:51

Our first blockchain conference is fast approaching, so what better time to take a moment to delve into one the more controversial aspects plaguing the cryptocurrency industry: stablecoins. Stablecoins are a special kind of digital asset.

As the name suggests, the value of a stablecoin token is meant to be stable, valued equally to that of a real-world asset, such as the dollar or gold, and they are often used in their stead. This gives a stablecoin two major advantages: a lack of volatility – which is a problem for even some of the bigger cryptocurrencies – and a certain…

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EU Will Opt Against Issuing Stablecoins, Instead Choosing to Regulate Existing Stablecoins

Stablecoins are one of the most consistent assets of the cryptocurrency industry, and there have already been many countries and companies to come out with their own versions. While the idea of having an asset pegged to an asset is appealing to some, the European Union is notably setting themselves apart. While the EU isn’t […]

2019-11-7 02:52


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Decentralizing The Dollar: True USD Distributed Asset Token

Stablecoins: what are they, why do we need them, how do they work? In this three-part series Andrew Ancheta casts an eye over three different economic models for stablecoins. Part one deals with the decentralized version of the current market leader, and examines how TrueUSD (TUSD) attempts to hurdle one of the highest barriers to […] The post Decentralizing The Dollar: True USD Distributed Asset Token appeared first on Crypto Briefing.

2018-10-9 16:40


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07