Bitcoin's successor? More consistent values might make 'stablecoins' a safer cryptocurrency option

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Abstract

Bitcoin has plunged from a high of almost US$20,000 in December 2017 to as low as US$3,675. So it’s understandable that some cryptocurrency users might be looking for more stability. With the future of Bitcoin and other cryptocurrencies uncertain, a possible new solution known as “stablecoins” has emerged. This cryptocurrency aims to hold its value better than others, which could offer investors more stability.
Original languageEnglish
Number of pages3
Specialist publicationThe Conversation
Publication statusPublished - 6 Dec 2018

Keywords

  • Bitcoin
  • cryptocurrency
  • stablecoins

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