Sentences with phrase «so stablecoins»

When people realize the folly that is traditional currency, its intrinsic value and rethink the very idea of money, they will realize the potential of cryptocurrencies, and more so stablecoins, and physical assets like gold and silver themselves.

The goal is to smooth out the ups and downs so the stablecoin is usable as an everyday currency.

Not exact matches

See, Basis is a cryptocurrency that will be pegged to the U.S. dollar, or a so - called stablecoin.

So while a Tether or a TrueCoin are created as stablecoins backed by US dollars, we already know the legitimacy of the USD itself.

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.»

So far we are yet to witness a stablecoin go mainstream.

That is why these type of stablecoins are over-collateralised so as to absorb price fluctuations.

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.

Stablecoins — are critical to the larger crypto ecosystem so that businesses and smart contract systems can perform transactions on - chain without speculating on the underlying currency.