Tag: gold

  • Why Crypto Market Needs Asset-Backed Stablecoins During Turbulent Times

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    Especially during turbulent times, stablecoins are becoming a very important part of the overall crypto asset ecosystem. While the prices of tokens on exchanges have a tendency to fluctuate wildly (and often in a highly correlated manner), stablecoins are designed to keep a steady store of value, allowing crypto traders and investors to mitigate risk […]

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  • Will crypto be the next gold standard?

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    According to financial blog Philosophy of Metrics cryptocurrency will ‘swallow’ the current gold market within the next year. The author posits that gold, as a source of global capital liquidity, is being phased out and notes that cryptocurrency is at a good position to take its place. The author cites a number of countries which have stopped […]

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