Taken from: https://medium.com/@globcoin_io/bringing-stablecoins-to-the-next-level-357879430b0f- A global currency, which offers stability. By stability, we understand low volatility against one or a group of national fiat currencies.
- A currency that not only is stable but also acts as a store of value.
- This currency has to protect the purchasing power of its holder in the Global Economy.
- It has to be truly global and be exchangeable with all major national fiat and cryptocurrencies.
- It has to provide a tradable price at any moment for small or large amounts
- It has to be robust to market stress.
- It has to be 100% transparent and trustworthy.