October 01, 2018 BY Mariela Naydenova

Andreessen Horowitz invests in a stablecoin crypto project

Stablecoins are created by governments to decrease the volatility of regular cryptocurrencies by pegging the value of digital coins to either fiat currencies, some commodity such as gold or other cryptocurrencies. There are several kinds of stablecoins, including those directed towards the private sector, called retail ones and those for the state, called wholesale. One…

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