Digital Currency
Add as a preferred source on GoogleCoinbase CEO Brian Armstrong said stablecoins can also be used to hold U.S. dollars and other major fiat currencies.
In a Nov. 6 statement, Armstrong said stablecoins can let people hold U.S. dollars and other major fiat currencies; he also said transfers can move globally almost instantly for less than 1 cent.
Stablecoins are crypto assets. Their purpose is to keep their value steady.
The tally counts USDT units, and the token may trade at a price other than $1.
Kristalina Georgieva was scheduled to give opening remarks; Soledad Martinez Peria was listed to chair the digital money session.
Bids totaled $12.57 million against $9.01 million in asks. Ether was priced at $2,224.44 in the snapshot.
