IBM backing up Tether alternative

[Yudhisthir]

Stronghold USD is the name of new coin pegged to the price of USD and for an instant attention, it announced a partnership with IBM, the first PC company.
Global vice president of IBM blockchain did confirmed the partnership.

https://news.bitcoin.com/ibm-backs-the-development-of-latest-new-stablecoin-stronghold-usd/

[deep4u]

I don't know how much this news is true aslo i saw news some days ago that ibm is interested in creating its own blockchain technology. Anyways this type of news is good sign for crypto market

[caisa88]

Competition between stablecoins is really good for us, because we can choose the better alternative. And the fact that they have a partnership with IBM could make them a serious competitor to Tether.

[regtrade]

This is a good signal for the market at the moment. IBM is a reputed company in the computer industry. I do not believe in Tether, market can down more with Tether. IBM created a blockchain is a sign that signals  big companies are joining crypto.

[v_Harley]

Usdt is a c4 that will explode at any time. There is more and more bad news about usdt in the market.

[hemendrachauhan19]

Stronghold USD is the name of new coin pegged to the price of USD and for an instant attention, it announced a partnership with IBM, the first PC company.
Global vice president of IBM blockchain did confirmed the partnership.

https://news.bitcoin.com/ibm-backs-the-development-of-latest-new-stablecoin-stronghold-usd/

Yeah, heard the news, so many stable coins are popping up now. I don't think we need so many stable coins though. There is one euro stable coin also coming in next month. We already have tether, true usd and I think they'll suffice for the requirement. Now this one has IBM backing so maybe people will trust it more in the coming months. Let's see how it goes.

[IgorShumilo]

IBM is a huge international company, which has a huge amount of resources. Do not be fooled, I think that they will be with someone to enter into a partnership, why should they? They themselves can carry out the development of their own detachment.

[Symproverse]

The authenticity of the news is still very unclear. It would have been better if it had some links or sources attached to the post, for the people to check for themselves for assurance. We need to dig deeper and then come to a conclusion.

[Agaventy]

A healthy competition like this should always be encouraged. We consumers, get to know the difference from all these competitions and then decide which one is better.

[Theyetion]

As long as these cryptos are competing against each other we will keep getting ideas on which one is better and which one to invest on. These sort of healthy competition should always be encouraged, better for the crypto market.

[Rapidgator]

If there will be more volume there will be more demand for sure, also please remember that more competition is going to be healthy for the product.

[TungayETH]

IBM is a very reputed international company , if IBM is backing up tether then it can be a good news but I don't know this news have any validity or not cause no announcement was made by the authority so we should wait until we get any confirmation for the right source

[BartholomewBTC]

As far I know this news is true. The big company like IBM already announced to participate in this blockchain technology. I think it’s a very good news for us it will create huge competition.

[Tappertit]

Its a good news for us. IBM is showing interest in crypto trading that means crypto industries are increasing day by day and trust is developing on crypto I guess.

[blackrain321]

A good competition is having throughout this. I really appreciate this sort of competition. people will get to choose the best one from this.

[bitcoinhunter888]

Actually I don’t know this news is authentic or not but if it is then its will be great for us also that time we have better options to choose & though IBM is well known so partnership with them is profitable I think.

[cryptosmith03]

IBM is collaborating with a cryptocurrency payment company, Stronghold, to bring Stablecoin USD which will be backed up by each US dollars. The tokens will be available to the businessmans initially. It will be aiming to provide superstars payment and settlement options to Stellar decentralized exchange users.