The USDT token of Tether is backed up by US Dollars. This cash-backed Tether implies that the stablecoin entity must consist of a reserve of funds in its holding that is equal to the USDT tokens that are presently in circulation. Let us have a look at some of the …
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Litecoin Vs Ethereum: Can They Grow In The Future?
Ethereum is an open source platform that takes the help of public blockchain and enables its users to formulate decentralized applications. Just like Bitcoin, Ethereum also has its native coin called Ether (ETH). On the contrary, Litecoin is an open source global network for payment that any centralized government or …
Read More »Chinese Crypto Policy: Importance Of The Digital Yuan This Year
Yet again China has taken a leap ahead of the U.S and this time in digital currencies. The snazzy digital currency of the Central Bank of China can be a threat to the domination of the dollar and if the Federal Reserve cannot match it, then the U.S will drastically …
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