New York approves the digital asset exchange
For the first time, the State of New York has approved the exchange of digital currencies linked to the dollar. Gertrude Chavez-Dreyfuss of Reuters explains the tokens launched by twins Cameron and Tyler Winklevoss will allow users to send and receive US dollars on the Ethereum blockchain.
It is a stablacoin anchored to a stable asset like the dollar, so it protects consumers from the risks linked to volatility.