Sentences with phrase «stablecoins which»
It highlights common fears about the stablecoin which is claimed to be fully covered by U.S. dollar reserves.
https://btcoin.info/ Not exact matches
Due to its stablecoin platform — which facilitates holding digital currencies and fiat currencies through a combination of bitcoin and litecoin - based smart contracts — the wallet app is able to add new digital currencies once they pass the company's rigid analysis based on liquidity, contract market, and other factors.
As mentioned earlier, these stablecoins often provide the same benefits which blockchains provide but with a vastly larger amount of stabilization in the price of the cryptoasset.
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.»
Another project is TrueUSD, which is a US dollar - backed stablecoin that is 100 percent collateralised.
Initially, the team plans to launch a / USDX token, which it said is a mining proof of a brand new blockchain, before unveiling its first Stablecoin.
Virtual asset developer, Singapore - based New Money Labs Foundation on Tuesday unveiled plans for a third generation Stablecoin, using its USDX Protocol, which it claims will ultimately solve the extreme volatility in the crypto market.
Launching with ERC20 tokens on the Ethereum network, the Radar token relay app, which helps users find and transfer any token fluidly has announced partnership with Digix to bring a gold backed stablecoin to the service.
Long have I been a critic of the «stablecoin» concept - the quasi-magical idea that a cryptocurrency can tell the market what its price should be, rather than the other way around, which...