A Taiwanese Dollar confirmed and indicated interest towards creating a stablecoin setting up by Taiwanese Dollars.
According to certain reports, some observers are skeptical about the legitimacy of the stablecoin project, citing concerns about a possible illegitimate supply of TWD tokens. To clear the doubt, Green World further noticed that its team will hardworking to keep this process as soon as possible, ensuring that the TWDT supply does not exceeding the value of NTD deposited in their reserve bank accounts.
Goldman-Sachs backed cryptocurrency firm, recently completed a $110 million funding round, which was led by ASIC manufacturer Bitmain. With this money, Circle and Bitmain are reportedly teaming up to create a U.S dollar-backed stablecoin, called USDCoin (USDC). Reports mention that this new stablecoin could be released within the upcoming weeks, and will be a great alternative to a project like Tether.
One of the major issues that affects the cryptocurrency adoption is the volatility of prices. Many businesses feel uncomfortable on taking payments today, then to have the value of that payment fall significantly to the next
One of the major issues that affects the cryptocurrency adoption is the volatility of prices. Many businesses feel uncomfortable on taking payments today, then to have the value of that payment fall significantly to the next.
