Coinspeaker Coinbase-Backed Reserve Points At Wash Trading and Artificial Inflation In Stablecoin Market
The concept of stablecoins has been a hit among crypto market investors, especially the conservative ones. Basically, stablecoins are cryptocurrencies, with their value tied to any fiat currency or commodity. Stablecoins eliminate the need for fiat-to-crypto conversion or vice versa every time while trading in the market. Moreover, they also provide investors a volatility-proof exposure to decentralized assets.