Stablecoin
Description
Harry M. Claverty:
"The token market is volatile, which is a problem for utility tokens because their prices need to be stable to have utility, otherwise, we’d use them purely to speculate. If a token performed similarly to a mature currency, it would be useful enough to exchange within this ecosystem. Enter: The Stablecoin.
A ‘Stablecoin’ is a ‘cryptoasset that maintains a stable value against a target price (e.g. USD)’. These assets could offer the best of privacy, stability, scalability, and decentralisation (more here). Moreover, a stakeholder can exchange in their own currency, significantly reducing the barrier to entry." (https://medium.com/@harrymclaverty/reverse-icos-part-3-db72547afd87)