The future of money: is stablecoin a compromise between cryptocurrency and fiat money?

  • Price stability. Many payment transactions become available thanks to the coin’s sufficient level of predictability. It allows this currency to take its place in the credit market and to squeeze the dominating position of fiat money.
  • Speed and transparency of transactions. Blockchain transactions are faster than conventional money transfers. You don’t have to wait for confirmation from a third party to make a transfer. Transactions are more transparent because they pass through a public blockchain.
  • Use as a safety net. Stablecoins can be used as a safety net to hedge investments.
  • A single-center. As opposed to cryptocurrencies, stablecoins are issued by centralized organizations that hold the cryptocurrency.
  • Low price. Do not have high profitability as a cryptocurrency.

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Alyona Shevtsova

Alyona Shevtsova

CEO of the international payment system LEO, the shareholder of IBOX Bank