Fiat-Backed Stable Coins w/ Kory Hoang (Stably)
Kory Hoang is the CEO of Stably (USDS), a regulated and transparent Stable coin hoping to take on the current market leader, Tether. Stably makes transacting in cryptocurrencies more palatable by eliminating their inherent volatility in respect to the dollar. By making StableUSD redeemable and pegged 1-to-1 with US dollars, Stably can virtually eliminate volatility while still retaining many useful characteristics of a cryptocurrency - including fast transaction speed, anonymity, and immutability. Can cryptos mimmic a central banking system? Will stable coins facilitate a new age of remittance on the blockchain? Can users keep cash reserves stable while they get exposure to crypto? https://www.stably.io/ https://www.facebook.com/stablycoin https://twitter.com/stablycoin https://www.instagram.com/stableusd/