2018-10-9 13:00 |
A stablecoin ‘invasion’ has recently happened in the markets, according to reports, there have been at least 57 stable coins that have been released or that are currently in development around the world.
In Invest In Blockchain’s guide to stable coins it says:
“A stablecoin is a cryptocurrency that is pegged to the value of an underlying asset. They are called stablecoins because the value of these cryptocurrencies is kept stable in relation to the underlying asset. ”
The most popular stablecoin in the space right is undoubtedly Tether which currently sits at the 8th spot according to CoinMarketCap.
Continue reading 3 New Stable Coins Entering The Crypto Space at Crypto Daily™.
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