We are excited to provide our readers with another exclusive piece of research. Today’s analysis will focus on Stablecoins.
As traders and speculators continue to dominate the Bitcoin and Altcoin markets, achieving price stability through free market means is difficult, which has created an opportunity for Stablecoins to act as the preferred medium of exchange in the digital asset ecosystem.
Backed either algorithmically, or through fiat currency, Stablecoins have a 1:1 value against the dollar, making it much more suitable as an instrument for commerce.
In this report, you will find several key forms of analysis on stablecoins, including a legal and banking regulatory overview, a fundamental analysis on the stablecoin market, as well as addressing the three most promising use cases for stablecoins.
We hope you find today’s report informative and engaging.
You can download the report here.