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CARIBBEAN-ECCB warns of fraudulent stablecoin - Caribbean Times

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BASSETERRE, St. Kitts, CMC – The St. Kitts-based Eastern Caribbean Central Bank (ECCB) has distanced itself from “any crypto token ventures and/or stablecoins on any public blockchains”. Stablecoins attempt to create a cryptocurrency token with a stable price. Their stability is commonly achieved by pegging the token to an asset such as gold or fiat. […]

The post CARIBBEAN-ECCB warns of fraudulent stablecoin appeared first on Caribbean Times.

Source: Caribbean Times - One People Under The Sun

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