Currently, stablecoins are mostly used as a hedge against the high volatility of cryptocurrency markets.

However, when compared to traditional fiat currencies, they present faster transactions and lower fees - making them quite useful for everyday payments and international transfers.

@CryptoTrades #education #stablecoin #usdt #usdc #tusd #signals #cryptotradespremium

French Walmart Launches Euro-Pegged Stablecoin In-Store Payments Powered By Tezos.

According to Reports, Major French retail company Groupe Casino is launching its own euro-backed stablecoin dubbed "Lugh,".

This is powered by Tezos Blockchain, reserved for Traders and for in-store payments.

A French subsidiary of the global accounting giant, PwC France have audited the stablecoin reserves.

Initially the coin will be available on regulated French cryptocurrency exchange Coinhouse, of course under the EURL ticker.

@CryptoTrades #dailynews #tezos #eurl #stablecoin

It's been a long time since Tether issues started.

The main question is…..Is Tether as stable as it promised to be?

Tether is not a central bank, bank or regulated in any way by any country other than British Virgin Islands.

The main question if Tether is backed or not backed by real cash reserves.

There is actually a $1 Million bounty for any pieces of information about these reserves.

Additionally, Tether critics fear that its real use is to keep the price of Bitcoin high.

The main threat for users is regulations and investigations into Tether.

So what can we do to protect our stablecoins?

Above are a few solid options.

What's your favourite stablecoin?

@CryptoTrades #education #stablecoin #tusd #dai #usdc #busd #usdt