But this "stablecoin" isn't tied to any major asset - it's backed by another cryptocurrency. Stablecoins, such as Facebook's Libra, are a new breed of ...
from Google Alert - cryptocurrency https://ift.tt/2qmWjf1
Home » CryptoNews » Crypto backed by crypto: Dai seeks to change 'stablecoin' game
Crypto backed by crypto: Dai seeks to change 'stablecoin' game
By spyke_spurs • November 18, 2019 • CryptoNews • Comments : 0
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Ripple CEO slams Strategy's financial model as STRC stock plunges 26% below par value.
This situation signals risks for investors in similar Bitcoin treasury strategies and highlights a broader debate in crypto about utility ...
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