Categories: Business

The Cryptocurrency That Isn’t A Gamble [Infographic]

If you’re feeling hesitant about the cryptocurrency market, it’s understandable. Bitcoin and other digital currencies typically face massive price fluctuations, making them highly unstable. Among cryptocurrencies, stablecoins are different in that they are not designed to be investment vehicles, but rather are secure and stable stores of value.

TrustToken, a platform that allows users to create asset-backed tokens that you can easily buy and sell around the world, has recently launched TrueUSD, a stablecoin that is redeemable 1-for-1 for US dollars and took only 4 months of trading to exceed the $80 million market cap.

With the demand of stablecoin on the rise,  TrueUSD gives traders lower transcation fees and the ability trade 24/7, providing greater efficiency and liquidity. It also enables smarter financial contracts that can be enforceable over time, and reach mainstream consumers and businesses who are looking for a secure and backed digital currency.

IMAGE: PIXABAY

“Stablecoins are one of the keys to bringing the benefits of crytocurrencies to everyone, by providing  price stability and universal access to established national currencies.” said TrueUSD and TrustToken co-founder and CTO Rafael Cosman.

To learn more about tthe history of cryptocurrencies, why the market needs stability, and how fiat-backed stablecoins work, read the rest of this infographic from TrustToken.

TrustCoin, StableCoins, And Cryptocurrency – Infographic

INFOGRAPHIC: TRUSTTOKEN
Samantha Waites

Recent Posts

The Unexpected Ways Digital Communities Are Changing Sports Betting Trends

We’ve seen a rise in social gaming sites over the years. These sites, which are…

1 day ago

Behind The Latest Vaping Designs

The vaping industry continues to evolve, with product designs becoming more sophisticated and user-centric. Modern…

1 day ago

Pros And Cons Of AI Generated Content: Efficiency And Quality

As digital landscapes evolve, more marketers, content creators, and businesses are asking, what is AI…

1 day ago

How SEO Services In San Francisco Help Small Businesses Stand Out?

Today, small businesses have an incredible opportunity to grow beyond traditional means and reach new…

2 days ago

The Psychology Behind Competitive Online Gaming: Why We Keep Coming Back

Online competitive games have long been a cultural phenomenon, drawing millions worldwide. From strategic block…

3 days ago

Navigating Global Market Diversity With Dynamic Product Roadmaps

In a world where companies constantly strive to tap into new markets, they also face…

3 days ago