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Blockchain Technology News

IBM and Stronghold to Launch Their Own Stablecoin

In collaboration with fintech startup Stronghold, IBM will launch a stablecoin that will be tethered to the value of the US Dollar. The crypto coin will be secured by the government-backed fiat which is held at banks that are assured by the Federal Deposit Insurance Corp (FDIC). New Stablecoin Pegged to the USD According to [...]

Anca FlorentisJul 19, 20183 min read

IBM and Stronghold to Launch Their Own Stablecoin

usd backed | TheCCPress