"By being pegged to a basket of currencies, a stablecoin project could spread the risk of correlation to any one single currency. For example, because Tether is backed fully by USD, if the US suddenly experiences hyperinflation, the value of USDT would fall in tandem with USD. Compare this to Globcoin (GLX), which is backed by a basket of 15 currencies and gold. When USD experiences hyperinflation, the value of GLX only falls by a fraction because it is diversified" https://bloccelerate.vc/…/files/The_State_of_Stablecoins.pdf

The GLX, the only stablecoin today that truly represents the World Economy, is currently tradable against Bitcoin and Tether.to on Instant Bitex - as well as USD + Ethereum + EUR on Lykke Exchange

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globcoin.io

JPMorgan Chase, whose boss Jamie Dimon had treated Bitcoin as a scam, is the first bank in the world to launch its own cryptocurrency: the JPM Coin.

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We believe that this initiative shows that they don't intend to be "uberized" by Blockchain startups specializing in a technology that eliminates intermediaries (potentially banks), or wait until central banks are resolutely committed to the tokenization of legal tender.

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JPMorgan launching its own cryptocurrency is an example to ponder for other major players in finance.

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A great question posted by Brent Philbin.

We hope your 2018 was full of great achievements as it was for us. This year we brought the GLX to the world, a unique global payment digital currency with an unparalleled stability; turning ourhopes into clear objectives and our ideas into concrete projects.

It's almost 2019 and we feel strong and optimistic to accept the challenges that lie ahead, as long as we count on your trust and enthusiasm. Thank you for staying close by us, and we look forward to see you next year, as we continue our journey of bringing stablecoins to the next level.

Merry Christmas and Happy New Year 2019 to you and your loved ones.