stablecoin in A Sentence

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    Ordinary traders began to urgently sell off the Stablecoin, buy up the bitcoin, as a result of which, the BTC/USD rate literally rushed into space.

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    Ultimately, she explained, whether the asset is labeled as a Stablecoin or anything else, the SEC will always subject projects to the same level of scrutiny.

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    To overcome this hurdle, Facebook may seek to make GlobalCoin a so-called"Stablecoin," which is linked to the value of a traditional government-issued currency, The Wall Street Journal suggests.

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    A new report published today analyzed 40 crypto and Stablecoin projects and found that the asset type will play a key role in the mainstream adoption of crypto technologies.

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    The fluctuations of the Stablecoin exchange rate are several orders of magnitude lower than that of other cryptocurrencies, since their price directly depends on the rate of the real asset.

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    We are excited to bring the Gemini dollar to market, a Stablecoin that combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of the NYDFS.”.

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    According to the paper, Facebook's global Stablecoin, dubbed“libra,” will operate on the native and scalable Libra blockchain, and be backed by a reserve of assets ostensibly“designed to give it intrinsic value” and mitigate volatility fluctuations.

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    As Cointelegraph reported in December last year, the United States-based Stablecoin project Basis has officially stated that it will close operations and refund investors after they confirmed that they couldn't avoid a security classification for their secondary token.

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