Stablecoins seem to take over most of the cryptocurrencies and we can say this because Cryptocurrency exchanges are moving towards roping in their stable coins in their exchanges. For starters, a stable coin is another set of cryptocurrencies wherein price volatility effects are minimized to a great extent.

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Bitfinex and Ethfinex Back USD Stablecoins

Recently, there was an announcement made according to which Bitfinex, a Cryptocurrency Exchange along with Ethfinex have decided to extend support to four more stable coins in their trading list. These stable coins are supported by USD and this is the reason for both Cryptocurrency trading exchanges to enter in an agreement with them.


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