Tag: Stablecoins
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The Rising Dominance of Stablecoins in the Cryptocurrency Market
In the volatile world of cryptocurrencies, stablecoins have emerged as a beacon of stability, designed to offer the benefits of digital currency without the wild price swings associated with assets like Bitcoin and Ethereum. With a total market capitalization of approximately $136.60 billion, stablecoins now represent 7.61% of the entire cryptocurrency market cap. This remarkable…
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The World of Stable Coins and Crypto Tethering
Cryptocurrencies are known for their volatility, which makes them risky to use as a store of value or a means of exchange. However, stable coins and crypto tethering aim to address this issue by providing a stable value to users. In this blog post, we will explore some examples of crypto tethering and stable coins.…
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Goldlinks CEO Ouyang Yun: Gold-Backed Stablecoins Could be the New Safe Haven for Investors
SINGAPORE / ACCESSWIRE / August 24, 2019 / On August 21, Goldlinks CEO Ouyang Yun attended the POW’ER 2019 Global Blockchain Developers Conference in Beijing, where he delivered a speech entitled “How can Blockchain Empower the Gold Industry”. The conference, one of China’s top blockchain summits, was attended by over 1,500 delegates, including specialists on blockchain,…