Coinbase Urges Creation of Stablecoins That Preserve Purchasing Power Amid Dispute with SEC

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Coinbase Urges Creation of Stablecoins That Preserve Purchasing Power Amid Dispute with SEC

The US-based crypto exchange Coinbase is calling on developers to create a new and inflation-proof stablecoin for its own blockchain.
The call for the new type of stablecoin came in a blog post on Thursday where the exchange said it is “particularly interested in ‘flatcoins’ – stablecoins that track the rate of inflation.”…
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