Bitcoin Forum
May 24, 2024, 12:36:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Fiat VS. Crypto, which is a more stable currency?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Fiat VS. Crypto, which is a more stable currency?  (Read 103 times)
GabrielleGGG (OP)
Newbie
*
Offline Offline

Activity: 25
Merit: 4


View Profile
May 29, 2019, 12:21:05 AM
 #1
If a stable coin does not have an 1:1 all-cash reserve, do you think this means it fails to keep its value on par with USD?

As the media questions whether Tether has enough USD reserve to support its value in the recent USDT/Bitfinex drama, I found a data analysis of fiat currencies pegged to USD and comparison to stable coins.

https://medium.com/sophonexchange/stable-currencies-fiat-vs-crypto-a2ab0a50e903?source=friends_link&sk=f34d3104f7c3ca7bbe91ae508f556e56
Pages: [1]
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Fiat VS. Crypto, which is a more stable currency?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!