Apr
21
What are stablecoins? If you are new to cryptocurrency, you’ve got a lot of jargon and new concepts to learn. Among them is the notion of a “stablecoin”, which is a form of cryptocurrency. But it is rather unlike Ethereum and Bitcoin. I’ve written before about the nature of cryptocurrency. It can be volatile and […]
Jul
23
Ethereum’s stablecoin Dai has managed to maintain steady dollar valuation despite the waves of pressure from the markets. The recent upturn in market activity, of course, has helped the community as demand for cryptocurrencies increase. Favor for DAI has grown in recent times with the likes of Coinbase who launched the coin on its retail […]
May
2
Competition Outshined At a recent conference, it was revealed that stablecoin could be classed as securities. US Securities and Exchanges Commission (SEC) senior advisor for digital assets, Valerie Szczepanik believes stablecoin should be classified as: Those backed by real assets such as gold or real estate Those tied to fiat currency in reserves Those backed […]
