"Buying TrueUSD (TUSD) for funds from your bank requires a 2-step process. You're going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you're going to transfer your newly bought crypto to a marketplace that sells TUSD in exchange for bitcoin or Ether. On TrueUSD platform, current minimum purchase amount is $10,000..." Find out more about TrueUSD in our review - https://medium.com/cp-processor/stable-coin-review-trust-token-tusd-60bc0a3178f2 |
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Hope you will find them useful!
They are useful actually if you are a day trader and you want to save your profits through them. Though I don't really use them but that's what I can see from the people who are using it. When they see the market shakes, they are saving their money through converting to these stable coins. exactly, that is one powerful use case for stablecoins |
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"Buying TrueUSD (TUSD) for funds from your bank requires a 2-step process. You're going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you're going to transfer your newly bought crypto to a marketplace that sells TUSD in exchange for bitcoin or Ether. On TrueUSD platform, current minimum purchase amount is $10,000..." Find out more about TrueUSD in our review - https://medium.com/cp-processor/stable-coin-review-trust-token-tusd-60bc0a3178f2 |
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Maybe if I was told to choose, I would choose Digix (DGX) because 1 DGX is equivalent to 1 gram of gold, and the price of gold every year always rises and continues to increase, but the question is, is it true that the price will remain stable and same as the price of gold / gram even though there will be a massive selloff later?
Digix serves above all to protect and diversify your capital, "parking" precisely on the well-preserved refuge oldest and used by man: gold! But this does not mean that you are not subject to descents or even collapses; as you can see from any chart also gold is subject to cycles, wider than other assets, and rebates, even important ... so it will also be Digix, which will follow the trend of the yellow metal. So be careful though  Take a look also at Ekon, in the launch phase. I still trust USDT, despite the fact that it was often accused of falsification. But now began to appear alternative stablecoins, four of them, TrueUSD (TUSD), USD/Coin (USDC), Gemini Dollar (GUSD) and Paxos Standard Token (PAX) have been listed on OKEX, therefore, I consider them the most reliable.
Greater supply means less manipulation by a few and greater security and choice on our part, but attention must be paid. You're doing a nice job Cp_processor Thank you and continue [/quote Thank you, Kronos, that really means a lot to us! |
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Dear community, our abstract Evolution of money - Stablecoins is up for voting on FINTECH BOOK website! Please support our idea and #stablecoins and help us get published in the next @PayTECHBook ! Login to their website and vote for us! Thank you! http://app.thefintechbook.com/thepaytechbookThis is a huge opportunity, not only for CP Processor, but for stablecoins in general. We have a chance to promote this idea in one of the most influential books in the financial ecosystem. Help us raise awareness on stablecoins - the future of blockchain payments! Hello CpProcessor, I will vote for you and support your initiative and your commitment. I am also convinced that the stablecoin are fundamental for the development and growth of the whole system and market of cryptocurrency, and I consider fundamental the development and the birth of many other stable, which are flanked by Tether so as to expand more and more offer and availability. I only hope that nations and governments do not even issue their stable, because I am sure that after a short time and without independent controls and audits, they would start to make fractional reserves even with the stable issued by them. Thank you, Kronos! We really appreciate your vote and your support! I don't know if you are aware of this, but a month ago, Stablecoin Foundation was created with the sole purpose to define standards and in a way regulate this ecosystem. It is still in organizational stage, but we believe it will make a positive change in the market, and we fully support its creation. I had read it quickly on a telegram chat but I had not studied it; I believe and I sincerely hope that this new foundation, besides promoting and spreading the adoption of these stablecoin among consumers, can also give serious regulation to the whole stable system. Is this right? https://www.stablecoin.foundation/I would not like that after the mania of the 1000 useless token of 2017/2018 in the next 2-3 years we instead witness the scraps of the stablecoin, issued on the market by companies and unscrupulous people and without real regulation and reserve behind. In short, I hope a growth in the sector but with strict criteria and rules! Finally, I also wanted to report the birth, for about 20 days, of the first stablecoin anchored 1: 1 to the British pound and held and verifiable in a UK bank account. LBXPeg was officially launched on the new London Block Exchange on November 12th, as you can see from https://etherscan.io/token/0xc4cbd96e860622edc6a601cfa62618ae44d986dehttps://medium.com/@LBXSocial/lbx-mints-the-first-crypto-pound-peg-gbpp-e984677dc82https://lbx.com/blog/lbx-peg/Yes, that is the one we were referring to. We share your concerns and hope. As per the newly issued stablecoin, thank you for sharing. We will research it and possibly include it in our Stablecoin Overview report - https://docs.google.com/spreadsheets/d/e/2PACX-1vTf2gZZJrpSXCxcx_pE4Sjta2lDnDXWbK0ARgoIw_HkYGoIdFtfi0QRJs3DFMnoaQm47cOxeS-0gSiI/pubhtml#[/b][/size] |
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A very necessary thing on crypto-countertops. Because many exchanges do not have support for fiat money, because stable coins are an excellent solution for storing funds on the exchange. You never know when there will be another drawdown in the market.
The problem in this question is only one, that the issue of coin staples has become a hype, therefore the probability of a scam may increase.
You are right, that is why there is an urgency to create stablecoin standards that would contribute to a healty and trustworthy ecosystem |
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They are needed to fix your profit. just imagine BTC will go to 20 k again and what will you do next?
I would fix profit in usdt and then wait for correction.
You wouldn't choose some of the more reliable, regulated stablecoins? |
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Think need their in the future there. If the Fiat money will disappear and will not need to somehow fix the profit that makes sense in these coins will not.
It doesn't seem plausible that fiat money will disappear any time soon. Stablecoins are meant to ease up the mass adoption of crypto, and not to eradicate fiat money completely. Just to enable quicker transactions and payments throughout the world, because cryptocurrencies such as bitcoin and ether cannot fulfill that need because of their extreme price volatility |
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