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Showing posts with the label TUSD

Bittrex: ETC and XRP to fiat USD trading. Analysis

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Bittrex, one of the leading crypto exchanges, announced that starting from August 20, Ethereum Classic (ETC) and Ripple (XRP) will start trading on its platform in pairs with the US dollar. https://twitter.com/BittrexExchange/status/1027217710860722182 Bittrex states that the reason for adding XRP / USD and ETC / USD trading pairs to their platform is the desire to allow their customers to buy crypto with USD directly. Also, the site reported that the introduction of dollar pairs is a step towards the adoption of blockchain ... Read more about " Bittrex: ETC and XRP to fiat USD trading. Analysis " on coinatory.com

Why nobody trusts in stablecoins?

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Let"s understand what is the reason for the mistrust of the crypto community to stable cryptocurrencies. A stable cryptocurrency, or stablecoin, is a fixed-rate cryptocurrency. The majority of currencies are determined by the market: buyers and sellers exchange tokens, and the rate is formed by supply and demand. Stable cryptocurrencies, on the contrary, try to have a fixed rate. The most famous stablecoins - Tether (USDT) and TrueUSD (TUSD). These coins are provided with fiat money, and the mechanism is fairly simple: a third party ... Read more about " Why nobody trusts in stablecoins? " on coinatory.com