Caroline Wozniacki, 28-year-old, Danish, No 2 ranked professional tennis star has entered a partnership with Singaporean firm, Global Crypto Offering Exchange (GCOX) to found her own cryptocurrency token.
The most commonly known stablecoin is Tether. It is a cryptocurrency that buys one American Dollar from the market before issuing one tether. This means that when one American Dollar leaves active circulation, one Tether enters active circulation. Thus, the price of Tether has stayed stable over the years.
Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward.
Wozniacki Becomes First Female Athlete to Launch Personalised Crypto Token
Stablecoins in a Nutshell…And Why They Can Kill Decentralization
86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing…