This is great news for cryptocurrencies. IBM entering cryptocurrency space is another key step to legitimizing this industry (Crypto) for mainstream and institutional investors
IBM is considering creating a stablecoin for use in its own blockchain platform. The company currently uses stellar as its payment method. The new cryptocurrency would be pegged to the dollar in an effort to make it more stable and usable for payments
http://fortune.com/2018/07/17/ibm-stablecoin-cryptocurrency-stellar/It's a little bit surprised for me, i thought that before the IBM company wants to build its stable crypto in the stellar ecosystem and is it not true? It looks like i will try to dump all of my stellar to the market as soon as possible.
It seems not good for me personally. If they are using stellar as a payment method and why they need to build a new blockchain?