StableCoin is a cryptocurrency designed to be stable. Things might not have worked out so good though as the current market value of the coin is extremely low and Stablecoins website seems to be hacked or sold. We would advise being careful if you are intending to invest in this coin. For bigger currencies please use a recognized broker such as IQ Option or Plus500. Read full reviews here: IQ Option review. Plus500 Review.
Update on Stablecoin
Seems like there is some news to Stablecoin that has been re-launched, with the same idea as the previous one. To stay at a 1:1 with the USD dollar. The new asset is called StrongHold USD and is launched by a fintech company called Stronghold.
According to our sources, the new asset is backed by IBM, which would be huge. We will keep you posted for more news in this article.