Tag: stablecoins

  • IMF head calls algorithmic stablecoins a ‘pyramid’ scheme

    IMF head calls algorithmic stablecoins a ‘pyramid’ scheme

    The head of the International Monetary Fund called algorithmic stablecoins a pyramid scheme. The collapse of TerraUSD and LUNA continues to send shockwaves through the crypto market. As we have previously reported: In May 2022, TerraUSD fell to a low of 15 cents. Although it was pegged to the US dollar based on a complex […]

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    Begin your forex journey
  • What is Terra LUNA coin?

    What is Terra LUNA coin?

    The Terra LUNA coin is making headlines in the crypto space for its historic collapse. But what is Terra LUNA coin? In today’s fast-evolving digital economy, especially thanks to the COVID-19 pandemic that allowed digital systems to evolve faster, digital payment systems have become essential to today’s global economy. However, there are still many hurdles, […]

  • How to buy USD Tether

    How to buy USD Tether

    Digital currencies are everywhere. More and more users around the globe are adopting and integrating their businesses with digital technologies, including their payment methods. At the same time, cryptocurrencies have promised themselves to be digital coins and currency. However, their volatility is a significant reason they are not widely adopted. In order to combat this, […]

  • What is USD Tether coin?

    What is USD Tether coin?

    Cryptocurrencies have been in the news for a while now. Therefore, there’s a good chance you might have heard about stablecoins like Tether. The universe of cryptocurrencies and digital coins is indeed quite diverse, to say the least. There are different things out in the market to solve various challenges; considering how young the need […]

  • What are stablecoins and are they the future of cryptocurrency?

    What are stablecoins and are they the future of cryptocurrency?

    As the name suggests, stablecoins are there to solve one very important issue – a stable value – which volatile crypto counterparts lack. The stability of stablecoins comes with the help of them being supported with a stable asset, usually fiat – a government-issued currency that we’re already using, such as Euros and US dollars. […]

  • Cryptocurrency and e-commerce: The major issues and a possible solution

    Cryptocurrency and e-commerce: The major issues and a possible solution

    2021 has been something if you’ve been following crypto and invested in it. What seemed like a utopia a decade earlier is now making international headlines, offering consumers and investors a new means to transfer cash and invest in a digital asset which might be the currency of tomorrow. While the technology is promising, there […]