WHICH OF THESE STABLECOINS WILL MOST LIKELY BE THE FUTURE OF CRYPTO PAYMENTS?

[CP_Processor]

what are you talking about? there is not even a single vote on that poll, how can it have any results?!!!

in any case why do you even think a centralized stablecoin can be the future of payments? people don't come to cryptocurrencies to have a stable price. they come to them to benefit from the decentralization and then if there were stability, it would be icing on the cake.

all the coins you named here are centralized. some of them are less centralized i'll give you that but they are still centralized. the articles you posted above are more like the "ideal" coins that we wish to have not the coins that exist.
not to mention that they are not even stable!!! for instance HAV is currently worth $0.54 not the promised $1

That was i supposed to say and i dont know why he would pushed about that stability into those coins yet even centralized coins in the market do have movable prices. Does he really know whats the definition on the word "stable" ? Seems like he lacks out with some dictionary and also that Poll what a shame and doesnt any have a single vote. lol

Is USD a stable currency?
NO, neither internally, nor externally.
So, you do not need to look for the definition of "stable"

USD is not a stable currency and that is confirmed on a daily basis.
Internally, USD is consolidated constantly through a changeable benchmark interest rate set by the FED and it generally loses value over time due to inflation.
Externally, it has a floating currency exchange rate against other international currencies.
From time to time, it gives us greater than expected shocks and there is one simple reason for that — people manage USD money supply centrally and subjectively.

[CP_Processor]

You're right people cryptos weren't meant to be valued for their volatility and yet that's the case anyway, so I am not sure people are ready to value stable coins more than unstable. It might be the case in the future if cryptos get massively adopted and can really become the means of payment, then stability will be an important matter for economy.
As for the article on coins, dai and usdt are backed up, so their stability is not due to some unique tech and can eventually be compromised. Basis looks interesting, but I don't understand how the supply can be decreased in case there's lack of demand for it if, say, people already possess too much of coins. What, the money will be just disappearing from their wallets for the sake of stability? Or there will always be a huge amount of money kind of reserved for being available or not available?

We also have no dilemma that the massive use of the crypto requires stability for the simple reason :
many more people want to make payments than to gamble.
If you look around realistically, you will see that this claim is proven in real life.

As far as the future of the Stablecoins, the race has just started, and time will show the results ...
We hope that CP Processor will achieve its vision and mission.

[CP_Processor]

MakerDao is currently in the lead, but it is neck and neck with Havven... Who will be the winner? Only 2 hours left to vote
https://twitter.com/CP_Processor/status/994902629665910784

[CP_Processor]

Our recent poll showed that 45% of you believes that MakerDao& Dai has the most promising Stablecoin and that it will be most likely the future of crypto payment.



We think that stable token DAI in practice has the role of ETH LONG leverage and in other words serves as some kind of ETH CALL Option.

What do you think?

[CP_Processor]

Comprehensive overview of STABLECOINS — PART 1.

For those of you who still don’t know, “Stablecoins” as they are called by the greater blockchain community, are crypto coins that are intended to provide measurable stability in a price change. These crypto coins are “designed to be used as a unit of account and even as a store of value.” Typically, most stablecoins are pegged against the USD, but some implementations intend to move over to a basket of currencies or an index such as the CPI (consumer price index) in time. This is in hopes of having a currency independent of fiat in the near future.

There are three categories of approaches to developing a price-stable cryptocurrency:
1. fiat-collateralized
2. crypto-collateralized
3. non-collateralized (essentially an independent, non-collateralized currency maintained by an “algoritham”)

Read the whole article at https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-46d9220ca862

[CP_Processor]

Because of great interest and importance of this topic, we have repeated the poll DO YOU THINK THAT STABLECOINS ARE NEEDED FOR THE FUTURE OF CRYPTO PAYMENTS, and it will last for seven days! We want to hear your opinion, so like this poll, share it or comment

https://twitter.com/CP_Processor/status/998521133900140544

[CP_Processor]

Comprehensive overview of STABLECOINS — PART 2
FIAT COLLATERALIZED STABLECOINS
**Fiat collateral for creating a token represents reserves held by a central entity.**
How it works: The mechanics for implementation are fairly straight-forward. A third party takes deposits in US Dollars (or another desirable fiat currency) and issues a unit of stablecoin for every dollar deposited. To cash out a unit of stablecoin, the third party wires US Dollar to the holder and burns a unit of the stablecoin.
Pros:
* Easy to conceptualize
* Value will match USD with certainty if properly implemented (digitized dollars without capital controls)
Cons:
* Must trust third-party to hold fiat collateral
* Need additional third-party for audit to make sure appropriate collateral is being held and units of stablecoin match deposits
* Expensive and slow to audit
Projects with this structure:
1.Tether,
2.TrueUSD,
3.DigixDAO,
4.Globcoin,
5.AAA reserve,
6.Stably,
7.X8 currency
Read the full article at - https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-part-2-7ebf0c36eb32

[CP_Processor]

Because of great interest and importance of this topic, we have repeated the poll DO YOU THINK THAT STABLECOINS ARE NEEDED FOR THE FUTURE OF CRYPTO PAYMENTS, and it will last for seven days! We want to hear your opinion, so like this poll, share it or comment

https://twitter.com/CP_Processor/status/998521133900140544

Final results of our poll are in! 70% of you believes that stablecoins are needed for the future of crypto payments! 

[CP_Processor]

We believe it is of great importance to inform our community on the value of stablecoins!
Therefore, we have a new poll on our Twitter page https://twitter.com/CP_Processor/status/1001470165266173952



Your opinion matters! So like, share, comment and vote for your favourite type of stablecoins!

[awazieik]

Our recent poll showed that majority of you believes that the future of crypto payments lies in stablecoins. But which one will be the “winner”? Which one do you trust the most?  



We would love to hear your opinion on this matter, so leave your comment below, or simply vote!
https://twitter.com/CP_Processor/status/994902629665910784

For further read visit https://medium.com/cp-processor/which-stablecoin-will-most-likely-be-used-in-the-future-of-crypto-payments-18f05b51659e

Due to the volatility of cryptocoins, it is no surprising that people are looking into stable coins. I believe that i trust Havven as they have got a great team and a working demo already.

[sensei]

 people don't compose approach to cryptocurrencies to admit a stall payment. they compose approach to them to avail from the spread and so whether thither
 were sturdiness, it would be icing on the patty.

[CP_Processor]

Our recent poll showed that majority of you believes that the future of crypto payments lies in stablecoins. But which one will be the “winner”? Which one do you trust the most?  



We would love to hear your opinion on this matter, so leave your comment below, or simply vote!
https://twitter.com/CP_Processor/status/994902629665910784

For further read visit https://medium.com/cp-processor/which-stablecoin-will-most-likely-be-used-in-the-future-of-crypto-payments-18f05b51659e

Due to the volatility of cryptocoins, it is no surprising that people are looking into stable coins. I believe that i trust Havven as they have got a great team and a working demo already.

Havven is an interesting project for sure. We will see how their nomins will behave in practise. We wish them all the luck!

[CP_Processor]

Comprehensive overview of STABLECOINS — PART 3

**CRYPTO COLLATERALIZED STABLECOINS**
Instead of backing units of a stablecoin 1:1 with fiat, crypto-collateralized stablecoins hold a ratio greater than 1:1 of a cryptocurrency (or basket of cryptocurrencies) and issue units of a stablecoin supported by the cryptocurrency held.

**Pros:**
1. Does not rely on third-party custody like fiat-collateralized
2. Conducted on-chain which enables a faster increase/decrease of stable coin units and liquidity than fiat-collateralized
3. Transparent to external parties without the need for auditors
**Cons:**
1. Not capital efficient
2. Complex selection process if a basket of cryptocurrencies; questionable price stability/security if just one cryptocurrency

**Projects with this structure:**
1. Bitshares
2. MakerDAO
3. Aurora
4. Havven
5. CP Processor

**Read the full article at [Medium!](https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-part-3-f49597b30dde)**

[CP_Processor]

We believe it is of great importance to inform our community on the value of stablecoins!
Therefore, we have a new poll on our Twitter page https://twitter.com/CP_Processor/status/1001470165266173952



Your opinion matters! So like, share, comment and vote for your favourite type of stablecoins!

DON'T FORGET TO VOTE!

[CP_Processor]

COMPREHENSIVE OVERVIEW OF STABLECOINS - PART 4!
NON COLLATERALIZED STABLECOINS

Non collateralized stablecoins are price stable cryptocurrencies that aren’t backed by any collateral. It is the most complex, but potentially the most impactful for the ecosystem. To maintain the price level, a “central bank” is created that algorithmically maintains the supply of currency, increasing it when price goes up and decreasing it when price goes down.


Pros:
-Does not require collateral
-Theoretically risk-independent of other currencies (though if there is a general decline in cryptocurrencies as an asset class there would likely be a decline in demand for seigniorage shares)
Cons:
-Not as intuitive or easily explained as other structures
-Input of future expectations for seigniorage shares means that it cannot be known how resilient a coin is to downward pressure
-Require always increasing future demand

Projects that implement this method are:
1. Basecoin
2. Carbon
3. Kowala
4. Fragments
5. Minexcoin
6. CP Processor

READ THE FULL ARTICLE AT MEDIUM - https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-part-4-cf945e70828c

[labake]

Base on what i've seen, i must confess, i prefer HAVVEN to all these coins listed by the author of this post. Havven have being coming with new features and seems to be very good even presently compare to all these other tokens listed but future would definitely speak as we can only be sure of the present. Thanks

[CP_Processor]

Base on what i've seen, i must confess, i prefer HAVVEN to all these coins listed by the author of this post. Havven have being coming with new features and seems to be very good even presently compare to all these other tokens listed but future would definitely speak as we can only be sure of the present. Thanks

Thanks for your honest reply! We agree that Havven is an interesting project. We wish them all the luck with their project. But keep an eye on CP Processor as well. Soon, we will have our MVP and stable tokens out in the market

[CP_Processor]

Did you know that you can download price index widget for your website FOR FREE from our website https://coinpaymentprocessor.org/ ?! All the popular cryptocurrencies and their price change in real time! btc, eth, bch, xrp, ltc 

[CP_Processor]

Which STABLECOIN or Stablecoin project is your favourite and why?

We have compiled a list of 12 STABLECOINS and Stablecoin projects for you to choose:

1. Tether
2. MakerDAO
3. Havven
4. CP Processor
5. DigixDao
6. Globcoin
7. Minexcoin
8. TrueUSD
9. Fragments
10. Bitshares
11. Basiscoin
12. Aurora

LEAVE YOUR COMMENT, OR GO TO OUR TWITTER POLL - https://twitter.com/CP_Processor/status/1006463148176658435 AND VOTE!

[CP_Processor]

Comprehensive overview of Stablecoins — Part 5
Conclusion

Read the fifth and final part of the Overview! https://medium.com/@CP_Processor/comprehensive-overview-of-stablecoins-part-5-190024698bd8