As Tether flails, cryptocurrency exchanges launch rival stablecoins
The promise of Tether, the digital currency pegged 1:1 to the US dollar, was that it could provide the benefits of a cryptocurrency while providing a fiat -backed peg against price fluctuations. But the currency has fallen below the $1 in recent weeks, right as a range of competing currencies are becoming available to meet … Continue reading As Tether flails, cryptocurrency exchanges launch rival stablecoins
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