RE: In 2019 the world's fifth largest bank is expected to issue its own cryptocurrency

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In 2019 the world's fifth largest bank is expected to issue its own cryptocurrency

in bitcoin •  6 years ago 

I'm interested in how this will function as banks are generally speaking going to want to have a very stable product to facilitate money transfers and lending options. As crypto currencies are volatile in price by nature unless as an institution they are setting it at a single set price compared to another national fiat currency this could be problematic.

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