See, Basis is a cryptocurrency that will be pegged to the U.S. dollar, or a so -
called stablecoin.
Abra is able to hold both cryptos and fiat currencies because of its price - stabilized crypto tokens,
called stablecoins.
Not exact matches
A startup
called Basis has raised $ 133 million from top venture capitalists to build a «stable cryptocurrency» (also
called a «
stablecoin»).
Every time Tether is «printed», people further doubt the legitimacy of the funds which is so central to the purpose of these so -
called «
stablecoins.»
What's driving the rebound in an increasingly harsh regulatory climate might be a so -
called «
stablecoin» widely suspected to be fraudulent.
Saga will essentially operate as a
stablecoin backed by a so -
called «variable fraction reserve» that is pegged to the International Monetary Fund's special drawing rights (SDR) basket.
On Sunday, Buterin deployed several April Fool's Day pranks, including one not - so - subtle post on the Ethereum Foundation blog announcing the creation of an «official Ethereum
stablecoin»
called World Trade Francs.
In addition to the crypto - based assets, Abra users who might want to avoid volatility can swap into 50 fiat currencies utilizing a technology developed by the firm
called «
stablecoin.»