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Update README.md
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@sassal
sassal authored Jan 4, 2019
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Expand Up @@ -16,7 +16,7 @@ Cryptocurrencies backed by currency (fiat) are the most common and were the firs

* Their value is pegged to one or more currencies (most commonly the US dollar, also the Euro and the Swiss franc).

* The tether is realized off-chain, through banks or other types of regulated financial institutions which serve as depositaries of the currency used to back the stablecoin.
* The peg is realized off-chain, through banks or other types of regulated financial institutions which serve as depositaries of the currency used to back the stablecoin.

* The amount of the currency used for backing of the stablecoin has to reflect the circulating supply of the stablecoin.

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