STABLECOIN: comparison and opportunities

[kronos123]

I dont really like stable coin, why? its difficult to make profit on coin thats not have pump and dump scheme actually for dayli trader.

In fact you are totally out of the way, the stablecoin serve to "protect" your capital temporarily, without going out in Fiat; for your pump & dump operations you have about 1900 coins available .... the choice is not missing!

Meanwhile, Coinbase has also officially introduced and introduced its stablecoin, next to the existing Fiat coins.

https://cryptodaily.co.uk/2018/10/coinbase-has-introduced-its-first-stablecoin/

[CP_Processor]

Take a look at this questionnaire we made for our #StableCoinsREVIEW
We want to hear your thoughts. Is there anything else we should ask these stable coin teams?

https://medium.com/cp-processor/questions-for-stable-coins-review-e73ba5931171

[kronos123]

After supporting the first, best known and great of the stablecoin, Tether, the producer Ledger understood the importance and the role that they will have in the crypto world all the new stablecoin and therefore decided to want to integrate others very soon, within the his two flagship devices, the dwarf if the blue.

https://www.coindesk.com/hardware-wallet-crypto-ledger-asia-stablecoins-usdt/

[Monetran]

CAUTION! NOT ALL STABLECOINS ARE CREATED EQUAL!

https://medium.com/@dbielak/not-all-stablecoins-are-created-equal-3e738ba22b9f

[CP_Processor]

In the effort to further raise awareness on stablecoins in general, we decided to help make the first standardized stablecoins questionnaire.  It is essential that we all work together to create these standards.
Here is a link to the survey - https://docs.google.com/forms/d/1IyYMKDAZC3lwur-dggJ7_SlyY6eWhraW_NhO85mcgus

Thank you!

[kronos123]

I believe that the increase in the number of stablecoins, which we can now see on the market - this is a sign that the crypt currency market is gaining its maturity. The more stablecoins will appear - the more stable and safe will be the trade of altcoins for many people.

I totally agree with you and in fact for this I opened this thread 6 months ago; even then I understood the importance that stablecoin would have in the growth and adoption of cryptocurrency in new users and investors.

Today, after 6 months, we witness the birth of a new stablecoin practically every week, and this is good for the entire market because it eliminates, slowly, tether oligopoly and everything in the sector will benefit, as we have gone from a oligopoly of bitcoin and its blockchain to an evolution and multiplication of the latter, improving, expanding and enriching the entire market!

[kronos123]

In addition to the growing number of new stablecoin issued, coupled to the US dollar or other assets, I believe that soon we will see new Coin issued by central banks to also ride the new market and not lose too much power.

"I think we should consider issuing digital coins". This is what was declared by Christine Lagarde, head of the International Monetary Fund (IMF), during a recent conference in Singapore.

https://cryptonomist.ch/en/2018/11/14/lagarde-central-banks-digital-coins/

[vixcious]

But now there are too many stablecoins and I think this market is more extreme. There will be battles between whales and they will make the market always fluctuate. We should be careful when the market has too many stablecoins. That would be a good foundation for more whales to manipulate.

[kronos123]

But now there are too many stablecoins and I think this market is more extreme. There will be battles between whales and they will make the market always fluctuate. We should be careful when the market has too many stablecoins. That would be a good foundation for more whales to manipulate.

I do not think it's dangerous to have more stablecoin and I do not believe whales manipulate the market. Having more stablecoin is an opportunity for all of us users and for the market in general; the more choice there is, the more there will be growth and evolution!
It was also like that for Bitcoin; for years the only coin and blockchain of the market, or almost, and nobody was interested and noticed, but when the offer has expanded and many other coins and blockchains were born, we had the market boom, reaching almost 1 trillion $ at the end of 2017.

More stablecoin will be born ---- more users will be attracted to the new market ---- plus prices will grow when the whole market recovers.

[CP_Processor]

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/thepaytechbook

This 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!

[kronos123]

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/thepaytechbook

This 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.

[^BuTcH^]

Among new stable coins i like DAI. With more liquidity it will be more interesting. As for my favourite stable coin,then I use USDT.
It is the only stable coin with sufficient liquidity, that's why I prefer it.

[Keyboard PC]

Even if you provide information like this, there will still be no one who can have a stable coin, surely they will have a coin that has an up and down movement, because if the price is too stable then that coin doesn't have an effect on demand.

[CP_Processor]

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/thepaytechbook

This 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.

[kronos123]

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/thepaytechbook

This 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/0xc4cbd96e860622edc6a601cfa62618ae44d986de

https://medium.com/@LBXSocial/lbx-mints-the-first-crypto-pound-peg-gbpp-e984677dc82

https://lbx.com/blog/lbx-peg/

[onebtcforlife]

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/thepaytechbook

This 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.

I do agree, the nation will understand what is the purpose stable coin but they can easily control the flow of money because by issuing stable coin people will easily convert their cryptocurrency into their nation stable coins. For the government, it will be easy for them to track the people assets held by them.

[auroboros]

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?

[Yabuy92]

this information I just found out where there are coin coins that are an alternative bank transfer through fiat or are marking our coins to get the koi and also know there are several groups of coins with each technology

[Taner]

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.

[CP_Processor]

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/thepaytechbook

This 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/0xc4cbd96e860622edc6a601cfa62618ae44d986de

https://medium.com/@LBXSocial/lbx-mints-the-first-crypto-pound-peg-gbpp-e984677dc82

https://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]