What problem does this service solve?

BitBay's goal is to create a stable cryptocurrency that is not pegged to another asset.

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About BitBay

BitBay is developing a decentralized marketplace based on a non-colateralized stablecoin. Unlike other stabelcoins, BitBay is stabilized with a dynamic peg that is meant to reduce volatility without anchoring the price to another asset. The network has a Proof-of-Stake (PoS) consensus mechanism.

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