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Bookmarking Crypto InsightsThu, 15 Mar 2018 18:18:52 +0000en-US
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3232New Stablecoins Backed by Gold and Silver Emerge
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Thu, 15 Mar 2018 18:18:52 +0000https://www.digit.info/2018/03/15/new-stablecoins-backed-by-gold-and-silver-emerge/Read more]]>Cryptocurrencies do not always carry the label of “legal tender” in most countries. In fact, the number of countries where Bitcoin and altcoins are legal tender can almost be counted on one hand. Quintric is trying to change that by issuing legal cryptocurrencies backed by silver and gold. It is quite an interesting project, although its chances of success are unknown. The Quintric Project is a Bold Venture It is safe to say stablecoins are becoming the new hot commodity in the financial sector. For those who are unaware, a stablecoin is a (digital) currency pegged to the US dollar, precious