1SG stablecoin is issued by Mars Blockchain to overcome the problem of today's volatile cryptocurrency. 1SG enters the market with the advantages of open, transparent, efficient and convenient KYC / AML audit process, stable value, and high liquidity.
One of the most well-known characteristics of cryptocurrencies is its price instability. Bitcoin or Ethereum may rise or fall 10-20% in just one day and although it may benefit some traders and investors, the instability will implicate the actuality of cryptocurrencies. Moreover, the value of most cryptocurrencies is constantly changing dramatically, and such instability makes them unsuitable for a wide range of daily payments and transactions. Stablecoins play an important role in the traditional financial market and the financial DApp that is growing in the world of cryptocurrency.