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 2 results under Stablecoin
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...
ELI5 What’s a stablecoin?
Since the beginning of cryptocurrency history, most crypto assets have been known to experience enormous oscillations against the US Dollar (or some other legacy fiat currency). ...