A USD Digital token is not itself a US dollar, but Paxos Trust Company, LLC is responsible for backing each token with a US dollar held in segregated accounts at FDIC-insured, U.S. banks. Paxos Trust Company, LLC is also responsible for issuing and redeeming each token in exchange for $1.00 USD...
After China's attempt to introduce its own legal cryptocurrency, it has definitely shifted a global eye to itself and have made the countries more aware of their own digital currency setup. I feel like bitcoin will not lose its value but will be faced with tough competition.
VPN acts as a shield just as curtains acts as a privacy source to our house. All the personal activities can be given an additional protection to avoid mishandling of the information.
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