Nobel Prize-Winner Myron Scholes Backs Stablecoin to Rival Facebook’s Libra

Nobel Prize-Winner Myron Scholes Backs Stablecoin to Rival Facebook’s Libra | BTCMANAGER

The Saga Foundation, a Swiss non-profit created last year dedicated to developing new technologies in open and decentralized software, is launching a new virtual currency called Saga (SGA). The token is connected to the International Monetary Fund’s (IMF’s) cash reserve that can initially only be owned by accredited and identified…