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In the most volatile market on Earth, staying current can be a daunting task. When news events rock the whole Crypto World within moments, it’s paramount that you are clued in to the inner workings of some of Crypto’s biggest players. Cryptonaire Weekly. The #1 Crypto Trading Magazine. Please Subscribe to the Latest Cryptonaire Weekly Edition here: https://www.platinumcryptoacademy.com/cryptonaire-weekly/
In the most volatile market on Earth, staying current can be a daunting task. When news events rock the whole Crypto World within moments, it’s paramount that you are clued in to the inner workings of some of Crypto’s biggest players. Cryptonaire Weekly. The #1 Crypto Trading Magazine.
Please Subscribe to the Latest Cryptonaire Weekly Edition here: https://www.platinumcryptoacademy.com/cryptonaire-weekly/
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CRYPTONAIRE<br />
WEEKLY<br />
CRYPTO investment journal<br />
Advancements in the<br />
Cryp<strong>to</strong>currency World<br />
IBM Is Working With a 'Cryp<strong>to</strong> Dollar' Stablecoin<br />
http://fortune.com/2018/07/17/ibm-stablecoin-<strong>cryp<strong>to</strong></strong>currency-stellar/<br />
IBM is exploring whether a <strong>cryp<strong>to</strong></strong>currency pegged <strong>to</strong> the U.S. dollar may be a better option for making<br />
payments than other digital currencies, which tend <strong>to</strong> be volatile. The computing giant is already a<br />
pioneer in business applications for blockchain, using the digital ledger technology that underpins<br />
Bitcoin <strong>to</strong> help companies track their supply chains as well as <strong>to</strong> make international payments more<br />
efficient. For such payments, IBM currently uses a <strong>cryp<strong>to</strong></strong>currency known as Stellar Lumens as a conduit.<br />
Now, IBM will also begin testing a so-c<strong>all</strong>ed stablecoin, or “<strong>cryp<strong>to</strong></strong> dollar,” that runs on the Stellar<br />
blockchain network. The stablecoin is c<strong>all</strong>ed Stronghold USD, after the fintech startup Stronghold that is<br />
behind the project. “There’s this tremendous opportunity <strong>to</strong> make blockchain payments feasible,<br />
especi<strong>all</strong>y for cross-border,” says Bridget van Kralingen, IBM’s senior vice president of global industries,<br />
platforms <strong>and</strong> blockchain. “What is great about this is they are just basic<strong>all</strong>y digital dollars—digital fiat<br />
currency.”<br />
Cryp<strong>to</strong>naire Weekly | July 24 th 2018 12<br />
+44 (0) 207 193 2931
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