Stablecoins: Why This Hot Cryptocurrency Faces Challenges | WSJ





Bitcoin’s volatility has limited its adoption for payments, so entrepreneurs created stablecoins: cryptocurrencies pegged to assets such as the U.S. dollar. But the recent settlement of a probe into the most popular stablecoin, tether, shows the need for transparency in the growing industry. Photo illustration: Sharon Shi/WSJ

More from the Wall Street Journal:
Visit WSJ.com:
Visit the WSJ Video Center:

On Facebook:
On Twitter:
On Snapchat:

#WSJ #Stablecoins #Bitcoin

source

26 comments

Leave a Reply

Your email address will not be published. Required fields are marked *