The way of the stablecoin: A journey toward stability, trust and decentralization By Cointelegraph – Investing.com

SourceInvesting.com
SectorTechnology
CountryMiddle east

The way of the stablecoin: A journey toward stability, trust and decentralization

(BTC) and other cryptocurrencies have opened the doors to a whole new world of finance. In their most basic form, cryptocurrencies allow people to transact in a fully trustless, transparent and efficient manner, cutting out the centralized intermediaries and counterparty risk previously associated with digital money transfers.

Thanks to blockchain technology, value can now be transferred on a worldwide scale within seconds/minutes and with relatively low fees — but that’s not all.

However, Bitcoin and Ether (ETH) are still too volatile to be used as currency, a factor that has hindered their mass adoption.

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