Is There A Reliable Solution for Stable Coins? – Bitcoints

bitcoin

Published on May 14th, 2018 | by bitcoin

0

Is There A Reliable Solution for Stable Coins?

Is There A Reliable Solution for Stable Coins?stable coins.
There are a number of so-called stable coins on the market trying to achieve this, with varying degrees of success.
Crypto collateralized stable coins Crypto collateralized stable coins are backed by reserves of another cryptocurrency.
Non-collateralized stable coins Non-collateralized stable coins aim to closely mimic fiat currencies by not having any asset-backed collateral.
So stable coins are deemed to be the future of cryptocurrencies and the perfect stable coin will use some variation of non-collateralized tokens.

Source: Cointelegraph.com

Tags: , , , , , , , , , ,



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑