Sentences with phrase «only stablecoin»
Not exact matches
Amid the unprecedented surge, EOS has become the third most traded cryptocurrency on the market, behind only bitcoin and Tether (USDT), a controversial stablecoin.
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As the Stablecoins are backed only by other cryptocurrencies, traders engaged in other cryptosystems, such as Bitcoin, have the option of parking assets in / USDY as a safehaven, avoiding costly withdrawal fees associated with transferring crypto to fiat, according to the statement.