Apr 6, 2019
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Bitcoin [BTC], altcoins could jump by $3 billion through stablecoin injection; eToro’s Greenspan agrees

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The concept of ‘stablecoin’ appears to be treading the fine line between virtual and fiat. Investors can enjoy the benefits of ubiquity and universality of payments, two core concepts of the cryptocurrency world, while still standing in firm opposition of them by being tethered to a sovereign currency.

Stablecoins like Tether [USDT], USDCoin [USDC], Paxos Standard [PAX], TrueUSD [TUSD], and the Gemini Dollar [GUSD] are the most notable fiat-pegged ‘cryptocurrencies’ in the market, steadily growing in valuation, especially during the crypto-winter.

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AMBCrypto · News

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