Great article about Stablecoins

Steemit gets mentioned And Bitshares too. It might be worth reading. Next hyped thing? So be on the outlook for coming events. Hopefully Steem Smart Media Tokens will also have this as a possible set...

7 years ago, comments: 4, votes: 17, reward: $0.78

Steemit gets mentioned

And Bitshares too. It might be worth reading.

Next hyped thing?

So be on the outlook for coming events. Hopefully Steem Smart Media Tokens will also have this as a possible setting. Creating StableCoin SMTs by algorithm, like bitEuro, bitUSD, bitGold, bitSilver and so on, at Bitshares. Which seem to be quit stable indeed.

There is a risk though that it loses the one on one stable connection with things like the Euro, Dollar or Silver and Gold. As we have seen with the Steem Backed Dollar {SBD}. But I guess it will be the next hot topic in the Cryptos realm.

If you want to read more about Stablecoins, then there's a good article about it by Jimmy Song:

https://medium.com/@jimmysong/stablecoins-what-you-need-to-know-cb0bbf211864

May the Cryptos be with us!