Back in the early days, cryptocurrency enthusiasts used to laugh at the thought of a stable cryptocurrency pegged to a specific fiat currency like the US dollar. Although nowadays things have changed and the digital currency tether (USDT) captures more cryptocurrency trade volume than most of the leading nation-state issued fiat currencies like the USD […]
The post An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend appeared first on Bitcoin News.
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It’s probably been a while since you pulled out a wad of cash to purchase an iPhone or an Apple Watch. The transition to a cashless society has been in motion for some time now – in developed countries, at least. But if your go-to payment method is pulling out the plastic, well, that’s on its way out as well. Alternative Payment Methods (APMs) are on the rise around the world. That basically covers any means of payment that differs from the traditional credit card schemes. E-wallets, bank transfers, mobile payment apps… they’re all growing in popularity and are set to
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According to their website, havven.io, Havven is a “decentralized payment network and stablecoin.” On February 28th, Havven began a token sale, which, as the company noted, was supposed to run until March 6th, or whenever the hard cap of US$30M was reached. In less than a day, the site states that token sales have closed and the cap has been realized. Why the clamor for Havven tokens? Because of its revolutionary method in which Havven utilizes smart contracts to control the balance of the platform and the cost of the stablecoin. As a result, if the system value changes, the smart contracts adjust
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AUSTRALIA, February 7, 2018 – Havven, the decentralized payment network and stablecoin, is announcing an airdrop campaign in preparation for its upcoming token sale. The airdrop program offers participants and potential users a chance to secure havven tokens ahead of its token sale on February 28th. The blockchain-based platform provides the first decentralized solution to price stability in the volatile crypto economy. Unlike Bitcoin, which has a fixed monetary policy that does not allow it to adjust to changing demands, Havven has developed a currency which backs itself. The platform is composed of two tokens: stabilized exchange tokens, called nomins,
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