Exchange platform Coinstash has bold plans to usher Australia into a new cryptocurrency era, one where individuals will be able to actually use their digital coins as they would fiat and physical assets.
In an Australian first, the ambitious expansion would allow users to spend, earn on, or borrow against their cryptocurrency holdings, transforming digital coins from a purely speculative asset to a practical currency and recognised asset.
“The reason why we’re going to see even more growth in this space is because people are actually going to use the digital currency for what it was actually purposed for,” co-founder and chief technology officer Mena Theodorou told Business Insider Australia.
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