STABLECOINS - DEXTRADE  

Dex-Trade

Stablecoins 4 years ago
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Stablecoins continue to become more widely used in the cryptocurrency market in 2020. But what exactly is a stablecoin?

The main objective of a stablecoin is to solve the problem of volatility by being a digital asset that is linked to another asset with a stable value, for example fiat.

2020 could to be an exciting year for stablecoins as interest among financial institutions accelerates. Companies with huge financial are seriously considering plans to launch a regulated stablecoin.
Similarly, government financial institutions claiming they will investigate or discuss stablecoin as a potential solution of digitalisation.

This may integrate the big private and governmental financial groups to the crypto market, by decreasing the risks of volatility.

Do you believe that 2020 is a year of stablecoins?

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  • Stable coins
  • Digitalization
  • Volatility
  • Stablecoin
  • Cryptocurrency market