End of the Line for Stable Coins & Online Crypto Payment Processors?
Bridge for seamless value exchange between crypto & traditional banks Nimiq, a disruptive project in Blockchain, has created the blueprint for making fiat currency (USD, EUR, etc) blockchain-compatible. It enables seamless value exchange between crypto and the traditional banking system. Nimiq’s novel approach makes fiat behave as if it were a token on a blockchain, meaning a crypto holder can sell their coins directly to a fiat bank account holder and vice versa. The transfer is done without a single, centralized intermediary (like an exchange or payment processor) controlling the two assets being exchanged, and without the private keys of
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