stable coins

When are stable coins useful?

Global payments revenue grew by 11 percent from 2016 to 2017, according to the McKinsey Global Payments Report, and is projected to grow a further 9 percent per year until 2022. Counter-intuitively, this can be partly attributed to the declining cost of payments, McKinsey says. As cheaper electronic payments continue to replace cash and cheque, […]

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Digital currencies: The next paradigm shift for my money

Why do I need a bank account to hold, manage or spend money? I really shouldn’t have to pay fees and service charges, especially since my money — everyone’s money — is the gas in the bank’s lending engine. But if I don’t have a bank account, how do I pay my bills? I often […]

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Stable coins: Enabling payments on blockchain through alternative digital currencies

How often do you participate in real-life, “live” blockchain transactions? I’m guessing that for many of you, the answer is not often. Though the benefits of blockchain — a distributed ledger technology that facilitates transactions between participants without the need for intermediaries — are well documented, most networks currently in production don’t deal with mainstream […]

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