The Widening Spectrum of Stable Coins

5 min read

The last 12 months or so have seen the resurgence of Stable coins as a popular phenomenon in the Cryptoverse. Although the majority of them are pegged to some sort of physical asset, which in most cases turns out to be a fiat currency, there have been innovations as well. I am going to outline some of the most recent additions to this spectrum and some high-profile ones in the pipeline. Stable coins have acted as a bridge between the traditional paper-based fiat currencies & the digitization of the financial ecosystem while providing the stability that the major financial players…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.