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Today, we do a reading of "Tether - Fiat Currencies on the Bitcoin Blockchain." The paper explores the idea of fiat-pegged cryptocurrencies, or cryptocurrencies that I have a 1:1 backing to a fiat currency such as the US Dollar. The goal? To fight against price volatility. Let's see how it works.
By Randall R Raymond5
33 ratings
Today, we do a reading of "Tether - Fiat Currencies on the Bitcoin Blockchain." The paper explores the idea of fiat-pegged cryptocurrencies, or cryptocurrencies that I have a 1:1 backing to a fiat currency such as the US Dollar. The goal? To fight against price volatility. Let's see how it works.