Of course, the value of this coin might be stable but what is the use of holding this coin in the long term because many people are buying the coin only because there might be a chance to increase their price. But holding this stable will not give many profits in the long term.

It's impressive how cryptocurrency is gradually growing more in significance. Thanks to Paysend, another stable coin is launched on the market to facilitate the stop-loss investment strategy. Will follow up for more information about this new coin, XDR.

I think I’m a bit confused, from your topic it seems like this coin is still new in the market, but I am surprised seeing where you also mentioned that it has been around for ten years now ?? So that means that this is not a new coin but a coin that has been around for a long time, and maybe newly adopted by the British company you have mentioned (PaySend). Within ten years it has only done 12%, that’s quite slow compared to what Bitcoin has been giving. BTC can go that 12% in a day so that’s more profitable than this one.

Though stable coins are not really my thing , ever since I started this crypto thing I have never invested my money in stables for once , cause I don’t really see the need for it. To me, it seems like a waste of time since the prices are not going anywhere at all but remains at place. They might other features like fast transactions but still not good for investment , just my thought, unless someone can give me a very good reason to look into them.

Interesting. If I am correct, Libra is trying to do bit similar. Will keep an eye.

BTW, would you have a look at Twitter/Facebook links on your website, they seem to be not working?


Well, we just had a crypto winter. A more than a year of bear market, which is still true for altcoins. Stablecoins are great for such times.

We have many blockchains, having one more stablecoin on Stellar blockchain wouldn't hurt I guess?

Ummm.. i have a question and does each of them will be used the different ticker or asset? You are putting plus and is that mean if the price of XDR will be the total of what you have been mentioned in your post?

Nice. Atleast something new as it is backed by 5 top real world currencies, however i think you should post more details, the parent company of this project seems to be like an online remittance platform, so if you post about the success of the company it would be great also i would love to know about withdrawal options that this stablecoin providea, i mean can we deposit it at our local bank account in local currency or can we receive it as a remittance feom local currency agents, im looking forward to hear answers on these questions, thank you.

Thanks for this. My elder brother who residents in Italy had use Paysend for me last month and he paid into the wrong account number. Had to be reversed after some days. Will introduce this option to him if he will like it because this will be cheaper and faster, although he has a lot of reservation for cryptocurrency after bitcoin fell from ATH, he retracted from it.

I would prefer that stable coins be issued by a particular state or even several states if the coin is provided with several currencies. This gives certain guarantees, because private campaigns can go bankrupt and the stable coins they create become unnecessary to anyone. However, states do not yet pay due attention to stable coins. In this case, it is noteworthy that this stable coin is issued by the British campaign, where business reputation has always been valued. Also, the positive point is that this stable coin will work on the stellar network, and the capabilities of stable coins will be distributed more or less evenly across all cryptocurrency networks.

Anything unique that XDR can do which other currencies can't??

We have a lot of stable coins right now in the market and I don't think stablecoins have got a lot of mass interest after USDT and TUSD. What's the unique feature or USP of XDR has in offering??

Also, are you planning to have regular audits??