Most people want their stores of value and wealth to be as stable as possible.
Making dollars digital would keep all of the utility of dollars while allowing flow at the speed of the internet.
85% of all foreign exchange trading involves the US dollar.
One-third of global GDP is from countries that have either adopted the US dollar or pegged their currency to it.
Now there is USD currency using the Stellar protocol I reckon that the bods at Sotashipay have been working on the Euro version.
They must have been up to something as if you recall last year the speed of development implementing the Flash system for IOTA, these will not be sat in the office twiddling their thumbs for 6 months.
Having a direct USD to XLM link is further proof of concept on top of the praise and partnerships that have materialized over recent years and months.
Next Steps for Stronghold Stronghold is ready to take the next step too.
It’s the best option for anyone wanting to send money quickly and efficiently.– that are difficult or impossible to shoot in real life.This is a huge industry & needs talented, trained people. If you wish to join this industry, you have to create high-quality visual effects (VFX) for films, TV, advertisements & games.As a registered financial service provider who operates a trading platform and OTC brokerage, becoming Stellar’s first venture backed USD anchor is another big step. lol well tesla back to your prayers you may catch a few others to buy millions as you buy in small £500 blocks???We are opening enrollment to our private beta for institutions that want to settle payments or invest in already knocking them out? Meinhard has mentioned previously that Sotashipay needs a more stable currency and he was looking at a euro tethered alternative.Whether we’re talking about retail traders or institutional traders, one thing remains — people want their dollars.We can’t understate how massive this is for Stellar!Up to this point, anyone wanting to invest in Stellar lumens (XLM) had to first buy BTC or ETH, then convert it into XLM.That meant multiple transactions, wallets, and wait times just to get access to the network. For Stellar to reach the next level, there needed to be a way for traders to buy XLM with fiat-based credit cards and bank accounts.More people will be able to take advantage of Stellar’s powerful network.USD on the Stellar Network There are lots of reasons why we think Stellar is the best network to be involved with.