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Instead, they use centralized servers is pegged to the value.
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How Tether Is Driving True Crypto Adoption While Making $6B Net Profit A Year - Paolo ArdoinoOther crypto-currencies that aim for price stability include Nubits, Dia, Basecoin. All of these protocols feature collateral or reserves at % (or more). Based on the developments observed to date, crypto-asset markets currently show all the signs of an emerging financial stability risk. However, in times of stability, the crypto market will experience high liquidity because more people invest, meaning buy and sell orders are quicker to execute.
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