Stablecoins Might Be Better Than Bitcoin For Payments, But Maybe Not For Long

Source: Adobe/irklig. Stablecoins provide the majority of the advantages of bitcoin (BTC), but with no of the volatility. This is the viewpoint of a broad variety of market figures and professionals, all of whom verify that getting rid of volatility is the crucial to making cryptocurrencies feasible as a method of payment. Does this mean […]

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Three Reasons Why Valiu Picked Bitcoin Over Stablecoins in Venezuela

Source: Adobe/allexxandarx. In an effort to assist Venezuelans to store their cost savings in a more steady currency, Colombia-based fintech, Valiu, chose to indirectly utilize Bitcoin (BTC) instead of among the lots of readily available stablecoins. There are three reasons that BTC has won in this case. “Liquidity, business model, and regulatory advantages,” Sid Ramesh, […]

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Stablecoins Will Have to Adapt to Survive Coronavirus Recession

Source: Adobe/PerfectLazybones. Stablecoins are dealing with brand-new obstacles. With USD rate of interest striking 0% and United States Treasury yields turning negative, it’s ending up being significantly hard to make an earnings merely by holding USD in reserve or by buying United States Treasury expenses. While some stablecoins run utilizing option business designs, those stablecoins […]

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