Currencies: Value and Account

currencies: Bearing names such as Tether, Basis, and Saga, their value is rigidly tied to the dollar, the euro, or a basket of national currencies, according to The Guardian. It's easy to see the appeal of these units. Prominent among the new arrivals are so-called stable coins. Viable monies provide a reliable means of payment, unit of account, and store of value. Hence they are unattractive as units of account. But conventional cryptocurrencies, such as bitcoin, trade at wildly fluctuating prices, which means that their purchasing power their command over goods and services is highly unstable. (news.financializer.com). As reported in the news.