Human Rights Foundation (HRF): Stabilizing coins not only provide the stability advantage of the US dollar, but also achieve democracy

The non-profit organization Human Rights Foundation (HRF) analyzed the stability review system and privacy landscape in a report released on November 20. HRF pointed out that for private currencies that are not stable, the biggest weekly loss so far this year is between 24% and 34%. This fact enhances the attractiveness of stable value crypto assets, especially for citizens in a hyperinflationary economy. According to the report, blockchain-based stable coins not only provide the stability advantage of the US dollar, but also “make democracy through this stability”.