Cypto-currencies have become notorious for their volatility with the value of one bitcoin increasing or decreasing by as much as 20% within a single day, making the currency largely unsuitable for daily, transactional usage. Stablecoins have attempted to fill the gap by making it possible to use digital money as a fully fledged payment method to pay for goods and services.
In this discussion, Mapstone explains the rationale for creating eZAR, how it works, the mechanism that ensures a constant value in the market, and where can people use the digital coin. He also gives his thoughts on Facebook’s plans for a digital currency, libra, and details some plans to make their coin tradeable on exchanges such as AltX or Luno
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