Tether was one of the first cryptocurrencies to peg its market value to a fiat currency. Launched in July 2014, Tether, originally called “Realcoin”, valued each token at $1.00 to reduce the friction of moving real currency throughout the cryptocurrency ecosystem. Due to its dollar peg, Tether and other similar cryptocurrencies have been dubbed “stablecoins”. […]
from Search Results for “bitcoin-cash” – CoinDesk https://ift.tt/2AUuVKI
Tether
July 12, 2020 / in Coins Feeds, Search Results for “bitcoin-cash” – CoinDesk / with No comments /
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