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The uncertainty around Tether is causing consumers to look for another stablecoin option. As we see a move away from utility to security tokens, we see a heavier focus on assets, revenue, and usable technology — traits a lot of the ICO poster-boys do not have. At some point, there will need to be widespread adoption to back up crypto valuations. This open-source cryptocurrency was launched in April and soon spiked great interest among the cryptography community and enthusiasts.

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