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Learning & News => News related to Crypto => Topic started by: newshunter on December 09, 2019, 01:01:17 AM

Title: Coinbase Card Rolls out DAI as First Supported Stablecoin: Official
Post by: newshunter on December 09, 2019, 01:01:17 AM

Coinbase Card Rolls out DAI as First Supported Stablecoin: Official

DAI is the first stablecoin supported by Coinbase Card, the exchange announced

Source: Coinbase Card Rolls out DAI as First Supported Stablecoin: Official (https://cointelegraph.com/news/coinbase-card-rolls-out-dai-as-first-supported-stablecoin-official)

Would appreciate your opinion about this

Title: Re: Coinbase Card Rolls out DAI as First Supported Stablecoin: Official
Post by: Senin on December 09, 2019, 05:37:18 AM

I don’t even know how to relate to this fact. We already have more than 3,000 cryptocurrencies, now, it seems, we will have the same number of stable coins. At first, stable coins were created by various large business structures and this was not bad, since the states did not show due interest in them. Now almost all the leading world states have begun to announce the launch of their national stable coins. But if the exchanges also issue their stable coins, this will probably be too much. Although this is one of the largest exchanges, no one can guarantee that tomorrow there will be no major hacking of it and it will not go bankrupt. What will happen to its stable coin then?