It would appear the stablecoin industry is far from done as far as expansion is concerned. In the case of Token X coin, it appears to be yet another stablecoin which will be coming to market fairly soon. Although this industry seems to be firing on all cylinders as of late, one has to wonder how many more of these coins the industry really needs.
In the world of cryptocurrencies and digital assets, there is a genuine “attack of the stablecoins” taking place right now. So many of these dollar-pegged currencies have come to market to rival Tether’s USDT. Although that it is a pretty positive development, one has to wonder if all of these fractured efforts will help the cryptocurrency industry move forward in any way.