Cryptocurrencies have been too volatile for mainstream use. Loans, salaries and other basic financial contracts are poorly served by volatile currency. Stable currency isn't available in much of the world. In many developing countries, the most stable currency available can devalue at a rate of 10% per year or more. Basis is designed to maintain a stable value and serve as a medium of exchange accessible to anyone with an internet connection.
Bitcoin price just set a new all-time high against the US dollar and other top global fiat currencies. But what… read more
Bitcoin’s recent price action has scared analysts. The cryptocurrency slipped around 3% even after Jerome Powell announced higher inflation expectations/targets.… read more
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