La ligne téléphonique n’est pas disponible pour le moment.Pour toute demande veuillez envoyer un email a support@advfn.fr

Why Tether's Recent Fall Presents an Opportunity

Date : 02/05/2019 @ 18h38
Source :ADVFN Crypto NewsWire
Valeur : TetherUS (USDTGBP)
Cours : 0.84738178  0.05667258 (7.17%) @ 18h35
TetherUS Cours Graphique

Why Tether's Recent Fall Presents an Opportunity



 

Bitcoin Global News (BGN)

May 2, 2019 -- ADVFN Crypto NewsWire -- Over the course of the past year, several projects have launched with the obvious intent of supplanting Tether as the most important stablecoin on the crypto market. By the numbers, however, none of them have really gotten close to doing so, besides Circle’s USD Coin, which is more than 50% smaller in market cap.

One way of rising above Tether, however, has not been proposed until quite recently. Why create one stablecoin that has similar strengths and weaknesses to Tether when you can create one that combines the strengths and weaknesses of several mid-sized players? To take things a bit further, why not eliminate the direct peg to fiat altogether?

One project that appears to be doing just that is called Neutral Dollar, which is a stablecoin pegged to stablecoins. Understanding why a group would choose to do this is simple. The key idea behind distributing the distance between the coin and its’ fiat peg is to further lower the volatility that still seems to be plaguing even the most “stable” stablecoins.

Whether or not this will prove to be true in practice, remains to be seen. Neutral Dollar is still a project that is very much in its’ infancy. What might make it even more interesting to investors who have already dipped their toes in the stablecoin space is that the project is actually headquartered in the United States. If this ends up meaning that it is one of the few that is willing to fully play ball with United States regulators, then it is reasonable to expect that Neutral Dollar will gain a lot of institutional interest.

Giving strength to their efforts is the fact that they are reportedly directly using the New York Attorney General’s investigation of Bitfinex and Tether to show why they are a safer alternative. In the end, with all of this in mind, 2019 could prove to be the true year of the stablecoin, especially with regards to which one ends the year on top of the market.

 

 

By: BGN Editorial Staff

TetherUS (COIN:USDTGBP)
Graphique Historique de l'Action

1 an : De Juin 2018 à Juin 2019

Plus de graphiques de la Bourse TetherUS

TetherUS (COIN:USDTGBP)
Graphique Intraday de l'Action

Aujourd'hui : Mercredi 26 Juin 2019

Plus de graphiques de la Bourse TetherUS
Dernières Valeurs Consultées
EU
GLE
Société Gé..
EU
ALU
ALCATEL-LU..
EU
PX1
CAC 40
ORA
Orange
FX
EURUSD
Euro vs Do..
Les dernières valeurs consultées apparaîtront dans cette boîte, vous permettant de choisir facilement les titres vus auparavant.


Inscrivez-vous maintenant pour créer votre liste d'actions personnalisée, en streaming.

Les cours EURONEXT (CAC 40, etc. ) et FOREX (les devises) sont en direct si connecté.
NYSE, AMEX, et ASX sont en différé d'environ 20 minutes. Les autres cours sont en différé d'environ 15 minutes.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Conditions Générales

P: V:fr D:20190626 18:14:10