Published on July 31st, 2018 | by bitcoin0
Goldmint’s Stablecoin Promises Greater Reliability and Higher Transparency
In the crypto economy, currencies’ volatility is a thousand times more, which makes them attractive to speculators and impractical for everyday life.
“Stablecoin” is a crypto currency that can be tied to another stable asset, for example, gold or the US dollar.
For all that it is global, it does not depend on any bank and the price volatility is much lower than most crypto currencies.
For comparison, the daily volatility of gold is about 1.2%, and the exchange rate ranges from 0.5 to 1.0%.
The MNTP token also remains within the Ethereum blockchain — 1 MNTP = 1 MNT (a two-way exchange rate will be applied).