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Browsing Concept: Stablecoin

Stablecoin, or stable coins, are cryptocurrencies which are backed 1:1 (or some other ratio) against a reserve currency or bag of currencies. The most popular stablecoins are pegged to the US dollar.

Browsing 3 results under Stablecoin
ELI5 What’s a stablecoin? [Nov 2018]
Since crypto beginnings, most crypto assets have been known to experience huge oscillations against the US Dollar (or some other legacy fiat currency). This has arguably scared...
Opinion: Will Tether blow up? [Dec 2017 Archive]
There is an elephant in the room in the cryptocurrency world and it's called Tether. The concept of a cryptocurrency that is tied to the world's reference fiat currency is very...
Opinion: Tether is likely backed by Bitcoin U$ equivalents, not by cash US Dollars [June 2018]
A lot of the controversy surrounding the Tether cryptocurrency seems to focus on whether it is fully backed by US Dollar funds or not. Several relevant questions have been posed i...