stable currency with little financial backing 1

stable currency with little financial backing

Given the volatility of some, there are some projects with stable coins or tokens that can solve this problem, establish a wallet and an ecosystem where you can exchange the asset for other crypto assets in the market.

However, the little use of the ecosystem has been made very clear, since the price of the currency does not have sufficient support in the face of volatility and was made clear by the current price of the platform’s currency.

Pros & cons

Intended for volatile markets.

Built through the Ethereum network.

The circulation of assets is totally transparent.

Establish KYC and AML verification to audit transactions.

The currency is included in Recognized Exchanges.

There are already lots of stable currency projects for volatile markets.

Its price is below what was expected.

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