Universal Protocol Alliance to Introduce New Stablecoin

The association of blockchain companies which includes Brave, Cred, Bitgo, and Bitrex International will be launching a new stablecoin named Universal Protocol Alliance’s Universal Dollar (UPUSD). The president of Cred, Dan Schat explained, “Today, Uphold and Cred service hundreds of thousands of users in developing and high-inflation countries.”

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Universal Protocol Alliance to Introduce New Stablecoin

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

Blockchain 101 · Crytpo Currency Market
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