The Best Stablecoin Project of 2020  

Joe Uribe

Stablecoins 3 years ago
1 QCP
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In 2014 BitUSD and NuBits were the first stablecoins to be launched in the crypto world. Since then, there has been a surge of stablecoins in the crypto world, with more than 130 new projects coming into the crypto market. Most of these stablecoins are either fiat or crypto-backed.

The growth is owing to the investor’s need for a reliable nonvolatile investment asset. However, this is not true of all stablecoins most of them still face value loss due to the volatility and inflation of backing assets.

Apollo fintech introduced a new stablecoin into the market to solve all investors’ issues, GSX. GSX is a stablecoin hosted on the Apollo blockchain and has unique features entirely new in the crypto world. The uniqueness of the stablecoin makes it the best crypto investment project of 2020.

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