Tag: Stablecoin

The IMF Expresses Concerns Over Stablecoin Popularity

The IMF has kept close tabs on various cryptocurrencies for some time now. Numerous warnings regarding Bitcoin and altcoins have been issued in recent years. In a surprising turn of events, the organization now focuses its attention on stablecoins. These digital assets gain a lot of popularity, yet the IMF is concerned they will pose risks quite similar to the likes of Bitcoin. Criminals will always find a way to …
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Why the QCAD Stablecoin Might be a Scam

The influx of stablecoins in the cryptocurrency space cannot be ignored. Although numerous projects compete with one another, Tether’s USDT remains the dominant market. Foreign stablecoins, such as the one backed by the Euro, are also successful, albeit with less volume. It now appears a Canadian stablecoin will be issued, although there are some concerns regarding the project itself.  The QCAD Concept One has to commend every single project which …
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3 Crazy Ways in Which Stellar can Transform Stablecoins

Given the market share stablecoins have accumulated in the cryptocurrency industry today, it is evident this form of money cannot be overlooked. When it comes to converting these stablecoins to traditional money, there are still plenty of hurdles to overcome. Stellar’s new SEP-6 standard may solve a lot of these problems moving forward, albeit it remains to be seen if this concept can deliver the goods in the long run.  …
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3 Reasons why GoChain’s GOST Protocol can be Beneficial to Stablecoins

Stablecoins have cemented their place in the cryptocurrency industry. Despite some controversy surrounding some of these currencies, it seems there is still a growing demand for interoperable solutions. GoChain may have an interesting solution in this regard, as its GOST protocol proposal can introduce some powerful changes and improvements. Why GOST Matters Not to be confused with the Ghost Protocol movie, GOST Protocol is an entirely different creature. For now, …
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