Coinbase, Billionaire Peter Thiel Back New ‘Reserve’ Stablecoin

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Coinbase and Silicon Valley investor Peter Thiel are among over 40 groups, funds, and angel investors backing the latest addition to the cryptocurrency ecosystem’s stablecoin arsenal, a new stable token called Reserve, which  closed $5 million in its first round of funding The stablecoin, which is pegged 1:1 to the value of USD, is in

The post Coinbase, Billionaire Peter Thiel Back New ‘Reserve’ Stablecoin appeared first on CCN

Posted by Conor Maloney on June 29, 2018 @ https://www.ccn.com/coinbase-billionaire-peter-thiel-back-new-reserve-stablecoin/

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