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2019-09-19 17:00:22

Germany Aims at Blocking Facebook’s Libra Along with Other Private Stablecoins

With the rapid advancement of blockchain-based technologies, stablecoins, a fast-growing subset of cryptocurrencies are also on the rise. Stablecoins are designed by pegging their value to some other asset, like fiat currencies or exchange-traded commodities, in order to avoid drastic fluctuations experienced by popular cryptocurrencies like Bitcoin and Ethereum. Stablecoins, however, may not be as …The post Germany Aims at Blocking Facebook’s Libra Along with Other Private Stablecoins appeared first on CryptoNewsZ.