Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

CarbonUSD (CUSD)

Cryptocurrency

Some EOS Stablecoins

Therefore, scalability could speed the mass adoption of stablecoins. In particular, scalability could help big banks like BNY Mellon (NYSE: BK), JPMorgan Chase (NYSE: JPM) and Goldman Sachs (NYSE: GS) bring out their own stablecoins.

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Cryptocurrency

Two Interesting New Cryptocurrencies

Oddly, I believe there will be a tremendous demand for both pEOS and INCENT, if they work as advertised. To explain, I think each of these cryptocurrencies represents a widespread need in the altcoin market.

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Cryptocurrency

Stablecoins as the Future of Cryptocurrency?

However, Stablecoins have a very odd characteristic. Interestingly, dollar-pegged stablecoins’ often trade for more than $1 on many cryptocurrency exchanges. 

For instance, Tether’s (USDT) Coin Price was $1.01 on 4 March 2019. Meanwhile, USD Coin’s (USDC) Coin Price was $1.02 on the same day according to CoinMarketCap. Moreover, BancorX gave CarbonUSD (USD) a Coin Price of $1.02 on March 4, 2019.

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Cryptocurrency

First EOS Stabelcoin CarbonUSD is here

CarbonUSD plans to keep the dollars in a blockchain trust maintained by an algorithm. To clarify, the algorithm will supposedly pay $1 when you pay with a CarbonUSD token. Hence, CarbonUSD is really a decentralized app (DApp) they program to pay a dollar when it meets certain conditions.

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