A representative of Binance Japan described stablecoins as the 'glue' between the real economy and the blockchain economy in an interview with CoinDeskjapan. By JamieCrawleyCD
of regulated crypto exchange Sakura Exchange BitCoin, described how volatility of crypto prices may lead to profit opportunities but will not help stimulate broader demand for cryptoassets.
Stablecoins are pegged to the value of traditional assets, usually fiat currencies such as the U.S. dollar, and therefore are designed to be free of the price swings that often afflict cryptocurrencies like bitcoin .in the last six months, citing"market conditions" as the reason. "The ecosystem has many facets," he said."For example, we will provide various services from a different angle to finance, and we will also provide various IP contents in the form of Web3."from the country's Financial Services Agency that it was operating there without permission.
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