BitBay Offers up a “Rolling Peg” as a Next Step for Stable Coins

We recently discussed stablecoins as a cryptoeconomic primitive that may prove the key to cryptocurrency adoption. Stablecoins, by definition, are aimed at being as stable as possible. This is usually achieved by pegging the value to a fiat asset, such as the US Dollar.

The cryptocurrency exchange BitBay adds to the stablecoin offering by introducing their own pegged coin. In contrast to other attempts at stablecoins, BitBay promises to return power over coin value to the user.


What Blockchain Needs Right Now: Part One – Scalability

Blockchain Technology has changed a lot since Bitcoin got the ball rolling in 2008. However, we have been promised mass adoption for a while now and this “revolution” is happening rather slowly.

There are many reasons for this, but some are more obvious than others. In this article series, we will look at three important innovations the blockchain ecosystem needs in order to succeed.

Let’s start with Scalability.

Join Our Mailing List

Keep up with the latest in FinTech, Blockchain, and Crypto.

You have Successfully Subscribed!