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Bitspark launches Hong Kong Dollar (HKD) Stablecoin to Challenge XRP’s Dominance in Cross Border Payments

While stablecoins have been effective in providing shelter against volatility for traders, they could possibly be a solution for cross border payments as well. To exploit this use case and challenge XRP dominance in blockchain based cross border payments, Bitspark has launched Sparkdex HKD, the world first stablecoin that is pegged to Hong Kong Dollar

While stablecoins have been effective in providing shelter against volatility for traders, they could possibly be a solution for cross border payments as well. To exploit this use case and challenge XRP dominance in blockchain based cross border payments, Bitspark has launched Sparkdex HKD, the world first stablecoin that is pegged to Hong Kong Dollar