Stable Market Outlook 2020

Stablecoins are digital tokens that are designed to maintain a stable price, usually backed by a reserve asset, or are controlled algorithmically. These reserve assets could be cryptocurrencies or fiat currencies. Their popularity among the world is unrivaled as they attempt to offer the best of both worlds: offering price security cryptocurrency combined with the benefits of blockchain technology. These projects aim to generate real-world use cases in a bid to replace fiat currency.


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