The pairing of TrueUSD to Tether makes it both affordable and fast for traders to move funds into TUSD, the world's
only stable cryptocurrency that is fully collateralized and redeemable for US Dollars.
Not exact matches
Basis is not the
only company working to develop a
stable cryptocurrency for individuals and institutions looking to use digital currency as easily as they do fiat currencies.
TrueUSD's TrueUSD token is probably as close as any tech enthusiast can get to a
cryptocurrency that is not
only stable but allows users to manipulate the asset in almost any way imaginable.
One would expect Bitcoin to drop drastically in price as the fork approached and even more once the fork went live, however BCH has mined its first block more than 5 hours after going live as Bitcoin is more than 30 block ahead, the price of Bitcoin has remained
stable,
only dropping about 2 % which is negligible considering the historic volatility of
cryptocurrencies.
According to the Moonlite whitepaper, the team will
only focus on mining
cryptocurrencies that they consider
stable enough to remain profitable.