Tag Archives - freelancers

The Rise Of StableCoins And Their Potential Risks

Before 2015, many cryptocurrency traders chose to trade their altcoins against Bitcoin. As a result, they were exposed to extreme volatility because both altcoins and Bitcoin had very volatile price actions. To solve this problem, a company called Tether decided to create a stablecoin with 1-to-1 valuation to the US dollar. That stablecoin is called…