Business
The turbulent cryptocurrency market with its dramatic ebbs and flows over the last few months may expect a reversal to sanity with a major financial institution like Goldman Sachs launching a new cryptocurrency called the Circle U.S.D. Coin.
The Circle U.S.D. Coin will have its value tied to that of a U.S. dollar to sail through the instability and inflation affecting other unregulated cryptocurrencies like Bitcoin, writes Futurism.
Volatility in cryptocurrencies has kept them from widespread adoption as a means of payment, a challenge that Circle's new U.S.D. Coin will address, notes CNBC.
