Despite being one of
the most stable currencies, Ripple's price experienced a fall of 12 % in its price against dollars.
On the economy, he asserted that «the currency is one of
the most stable currencies in the whole of Africa.
A fully - allocated gold token would represent one of
the most stable currencies in the world.
As such, Bitcoin traders have been betting on the cryptocurrency market believing it can provide
the most stable currency in the future, precisely because it is not tied to any individual country and thus is not affected by socio - political events.
The Ghana Cedi is
the most stable currency in West Africa sub-region (barring Francophone).
«The U.S., meanwhile, personifies the most stable government in the world, as well as
the most stable currency,» Federle continues.
Not exact matches
«Some investors told me I was crazy,» Trinh, the senior
currency strategist at Royal Bank of Canada in Hong Kong who predicted a yuan retreat in June, when
most of her peers were forecasting a
stable or stronger exchange rate.
Like
most currencies, it has depreciated against the US dollar over the past 18 months, but against the Trade - Weighted Index it has been relatively
stable.
He explained that the
most important attribute of
currency is trust and that, despite inflation, people trust fiat money issued in a
stable economy, like the United States dollar.
What do you do with the
currencies of countries that are currently
stable, but aren't running the
most stable economic policies?
Granted, Delta SkyMiles are not the
most valuable (or
stable) loyalty
currency, but they're far from worthless.
The British Pound, one of the
most stable global
currencies, lost almost 20 % of its value to the USD this past year alone, with the Brexit vote in June triggering a steep devaluation.
There are exceptions to stability, such as planned economies of Venezuela and Zimbabwe which have suffered from years of political chaos, but in general,
most developed countries and even developing countries have relatively
stable domestic
currencies relative to Bitcoinland.
They would be the
most stable country economically in the region to transition away from fiat
currency.
None of these cryptocurrencies are suited to playing the
most basic role of
currency, as a relatively
stable medium of exchange.
One of the
most interesting is someone building a
stable coin pegged to global
currencies, that will follow the dollar or the euro's value in the markets.
This choice of
currency is in itself a highlight as the project only targets the
most stable and profitable opportunities in the crypto industry.
Jackson Palmer, the founder of Dogecoin who left the project in 2015, is reported to have excoriated the current environment of rampant speculation that surrounds
most altcoins, stating: «I have a lot of faith in the Dogecoin Core development team to keep the software
stable and secure, but I think it says a lot about the state of the cryptocurrency space in general that a
currency with a dog on it which hasn't released a software update in over 2 years has a $ 1B + market cap.»
While
most Western countries have relatively
stable economies, political structures,
currencies and established real estate markets, these factors may be less secure in other parts of the world.