Topic: Tether Alternative (Read 177 times)
I suggest you check DigixDAO in bitcointalk ANN for more information on this project. This is a cryptocurrency backed by gold, so it is safe to hodl this altcoin when the market is bearish. I think you can use Tether because this piece is very legit and safe because it is used by many exchanges. Personally, I did not believe in Tether since most of FUDers use the same old news to manipulate the price since 2016.
bitUSD is a market-pegged asset on the BitShares blockchain. It is often also referred to as a smartcoin, a bitasset, or just USD in the context of blockchain assets. It can be freely traded, or transferred on the BitShares blockchain and has a face value of 1 $.
You should check GLOBCOIN, their cryptocurrency is 100% asset-backed and linked to a currency basket of fiat + gold.
I've been reading a lot of things saying it was just a matter of time before something went wrong with the tether alt coin. Can anyone tell me why this is and if we will ever have anything that can be pegged to the dollar as a 'safe haven' to trade into on an exchange that does not have an actual USD option (Bittrex)? Thanks heaps
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