TUSD

Stablecoins Explained: The Sword of Damocles or the Haven for Investors?

Stablecoins Explained: The Sword of Damocles or the Haven for Investors?

A stablecoin, as its name suggests, is a cryptocurrency that is built to retain a stable value. Stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities (such as precious metals or industrial metals). The need for a stablecoin is obvious. These asset-backed cryptocurrencies are stabilized by assets that fluctuate outside of the cryptocurrency space, that is, the underlying asset is not correlated, reducing financial risk. However, these stablecoins don’t always…
What is “Audit Wallet”?

What is “Audit Wallet”?

In risk trading, Pokket wants to ensure that the assets are 100% secure and also bring higher returns to our users, so the mechanism of “Audit Wallet” came into being. First, we need to understand why Pokket can pay users such high interest. It is because we work with trusted third parties in risk trading. They not only have decades of trading experience and are familiar with the trading environment of major digital currency exchanges, but also have excellent trading tools and strategies to back…