Stellar XLM and Ripple XRP, a competitive duo, is now undoubtedly included in a group of currencies that some enthusiasts and traders consider the most promising and highly potential for future goals.
When it comes to price increases, it has become a tradition in recent months that the first to start a recovery are XRP or stellar with large differences when it comes to the rate of increase in value compared to other currencies the leaders.
At the time of writing, the XLM / USD pair reached 5.51%, reaching 0.24484, which led to an increase in the BTC market at the level of 4.45%.
Both digital assets are one of the few that have overcome the weekly downtrend, which may indicate a positive result of the day or even a larger recovery during the week.
A new stable coin will be launched in the Stellar block chain, which is linked to the Australian dollar (AUD). It will maintain its value in the same way that stable traditional currencies used US dollars as a reference, and also supported by a fiduciary currency. In this case, the new stable roll of Novatti Group will also be supported by the Australian dollar (AUD).
Peter Cook, managing director of Novatti, explained his vision of currency outside of trading on the encryption market: "We believe that people will use them [stablecoins] to help buy merchandise from Australian companies. And we believe that you will also use them to pay bills or services in Australia. ”