Stablecoins play a growing role of importance in the cryptocurrency industry. Despite new entrants coming to market, Tether remains the leader in this industry. Money On Chain, an up-and-coming stablecoin project, will try its hand at doing something completely different. Analyzing the Stablecoin Landscape A few years ago, no one expected the concept of a stablecoin to become this popular in the cryptocurrency industry. Today, currencies such as Tether’s USDT are the main trading pair for Bitcoin and most altcoins across the exchanges. This industry continues to grow and evolve whenever possible, which allows more companies to enter the market
The post Money on Chain: The New Breed of BTC-backed Stablecoins appeared first on The Merkle Hash.
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