Walmart Launches Their Own Stable Crypto Currency !
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Breaking news came out that the largest retail chain in the world WALMART will be launching their own crypto currency USD-pegged stable coin which had a pending patent!In this video we breakdown the official article which was released by theblockcrypto.com
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What Is Walmart Crypto Currency ?
Similar to facebook coin Walmart will be launching their own stable coin crypto currecny which will be pegged to the US dollar. The filing, published by the U.S. Patent and Trademark Office (USPTO) on Thursday, outlines a method for “generating one digital currency unit by tying the one digital currency unit to a regular currency,” meaning a fiat-pegged stablecoin.
The blockchain-based digital currency “may be pegged to the US dollar,” the filing adds, and maybe available for use “only at selected retailors or partners.”It could also provide households with low income that find banking costly with a choice to “handle wealth at an institution that can supply the majority of their day-to-day financial and product needs,” according to the filing.
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Disclaimer: NOTHING in this video is financial advice. This is what i am doing,this is NOT a recommendation to buy,hold or sell. I invest into crypto currencies because i love it and i truly believe its a technology that will shape and the world forever! I repeat i am NOT a financial adviser but simply a crypto fanatic PLEASE D.Y.O.R when investing into any crypto currencies, THANK YOU :-) #WalMartCoin #WalMartStablCoin #TCL