STABLECOIN: comparison and opportunities

[redsun114]

Yeah, we have a lot of stable coins in the crypto market and they have their advantage and disadvantage, I personally don't like stable coin but I always trade them to make profit in the market. For example, once I study the chart and see that there would be a dip in the of bitcoin, I just swap my bitcoin to any stable coin especially USDT until the dump occur, then I buy back into the market thereby increasing the value of my bitcoin, I can earn up to 0.03 Btc daily carrying out this strategy.

[1714759828]

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[1714759828]

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[MikeyVeez]

I have participated in one bounty campaign where I promoted DiamCoin, stablecoin backed by real diamond, not backed by some worthless papers like others.
You can add it to your list .

[timmmers]

Have you heard about USDX? I participated in their airdrop when they managed the tokensale. It should be backed 1to1USD, but people are selling it incredible cheap. Do not understand that.

[williamsoliver91]

Have you heard about USDX? I participated in their airdrop when they managed the tokensale. It should be backed 1to1USD, but people are selling it incredible cheap. Do not understand that.

That's why transparency of the reserves is important. I haven't really heard about this token, but most probably it is because investor are not sure that each USDX is backed by 1 USD and therefore selling it cheaper.
Good stablecoins like TUSD, USDC, STASIS EURS focus on transparency and trying to get audits from high ranked audit companies. Transparency is an important aspect of stability of the stablecoin

[bitkanu]

Have you heard about USDX? I participated in their airdrop when they managed the tokensale. It should be backed 1to1USD, but people are selling it incredible cheap. Do not understand that.

That caused by they have no reserved funds and they have created bullshit promise. airdrop hunters don't care about the price and these hunters look so pathetic for me. they are all money whore. they never think what will happen if the market goes down a lot.

[HichemFetoui]

I think this year just like last year we will see more and more temptations for stable altcoin creation maybe we will the more promising project this year good luck for all

[kronos123]

Yeah, we have a lot of stable coins in the crypto market and they have their advantage and disadvantage, I personally don't like stable coin but I always trade them to make profit in the market. For example, once I study the chart and see that there would be a dip in the of bitcoin, I just swap my bitcoin to any stable coin especially USDT until the dump occur, then I buy back into the market thereby increasing the value of my bitcoin, I can earn up to 0.03 Btc daily carrying out this strategy.

In fact you don't have to like them but they must be functional to a specific purpose: to temporarily park your money "out of the market", when you foresee sudden drops.

The stablecoins have no technology behind them, such as Bitcoin or Stellar or Cardano or VeChain, so you don't have to like them; their function and the purpose for which they were born is something else, and from what you say you understood perfectly.

[Ultimist]

I think that now all the most aimed at stabilizing the cryptocurrency. Maybe it will be a new trend. However, I don't really like this trend. I do not know whether it will lead to something good or not.

[mrdeposit]

I have participated in one bounty campaign where I promoted DiamCoin, stablecoin backed by real diamond, not backed by some worthless papers like others.
You can add it to your list .

It was and will be deceptive projects like that. But it is more reliable to try at least those who have more volume. Today there are tens of stable currencies with better volumes listed on coinmarketcap. check them.

[kronos123]

I placed the initial post of opening the wire, adding the link to the coins and I divided the same in a more intuitive way, depending on the underlying to which they are attached.
This first list will be followed by the stablecoins that have a FIAT collateral

The first on the market, the largest, with the highest capitalization and market share (over 70% and $ 2 billion)
Tether  USDT   https://tether.to/

the second in order of magnitude USDC ($ 250 million and about 9% share)
https://www.centre.io/index.html

third on the market is TUSD (200 million and about 7% of share)
https://www.trusttoken.com/trueusd/

gradually following
Paxos  PAX                          https://www.paxos.com/pax/
GUSD                                 https://gemini.com/dollar/
USDS                                  https://www.stably.io/
X8X                                    https://www.x8currency.com/
Globcoin GLX                       https://globcoin.io/
Stasis                                 https://stasis.net/
Stronghold USDS                 https://stronghold.co/stronghold-usd
White Standard WSD            https://thewhitecompanyus.com/?utm_source=cryptoslate
Alchemint  SDUSD                https://alchemint.io/
Noku  EURN                         https://www.noku.io/
Corion                                  https://www.corion.io/
Steem Dollar  SBD                https://steem.com/

 
After these coins anchored and stabilized to the money FIAT, now in review the stablecoin hooked and stabilized, through intelligent and decentralized contracts, to the same cryptocurrencies
Crypto-collateralized Stablecoins

the most important, with the greatest capitalization and market share is
DAI                                                  https://makerdao.com/en/
Bitshares   BitUSD bitCNY  bitEUR       https://bitshares.org/
NuBits   USNTB                                 https://nubits.com/
Havven NUSD                                   https://www.synthetix.io/
Augmint A-Euro                                https://www.augmint.org/
Sweetbridge Network                        https://sweetbridge.com/


Hybrid Stablecoin Models

Reserve             https://reserve.org/
Saga                 https://www.saga.org/
Aurora Boreal   https://auroradao.com/platform/boreal/

Alternative Stablecoin Models

Phi                 https://dfinity.org/pdf-viewer/pdfs/viewer?file=../library/phi-dfinity-extended-v2.pdf
Stableunit       https://stableunit.org/
TerraMoney     https://terra.money/
Celo               https://celo.org/technology

Metal-backed Stablecoins

Digix              https://digix.global/
Tiberius Coin  https://www.tiberiuscoin.com/
Ekon   EKG    https://ekon.gold/

[jvdp]

I have participated in one bounty campaign where I promoted DiamCoin, stablecoin backed by real diamond, not backed by some worthless papers like others.
You can add it to your list .

Haha please learn the stablecoins which is shared by kronos above. These kind of bounties will not be consider as stable coin buddy. The coins which is similar value to the fiat cash like USD, GPR and etc...
These coins widely used to hodl and make profit in trading. Most of the people locked their value and made the profit in this option only. If they are not having such stablecoins then most of profit makers did not achieve it.

[CoinCodex]

Universal Protocol Alliance project announced that it will be launching a new Euro-pegged stablecoin called Universal Euro.

https://coincodex.com/article/3329/universal-protocol-alliance-will-launch-euro-stablecoin-that-can-be-staked-for-interest/

[ScarletSnow]

With the markets often manipulated and in the hands of the great whales, we small investors are at the mercy of violent downpours and sudden dumps, which erode or cancel the gain of months or years in a few months (as happened from December to today). How to try to protect yourself from all this?
Until recently there were only two possible ways: bank transfer out of the exchange to your bank (return to FIAT) or temporarily park their crypts and convert them into Tether, with all the risks involved.

In recent months, however, following the alleged rumors on the solvency of tether, alternatives to tether or bank transfer have been developed; they are the so-called STABLECOIN

1) TrueUsd (TUSD) which uses smart contracts to guarantee decentralization; coupled to the dollar, the euro, the yen, but also to precious raw materials, stocks and real estate

2) Dai (DAI) in which users block their ETHs in an intelligent contract within the MakerDao system, from which Dai is born; when you redeem the Dai, you get your ETHs again

3) Haven Protocol (XHV), when the system and the network will be mature and stable, through crypto haven it will be possible to keep crypto or fiat sending them to offshore storage contracts that will retain the value of that precise moment; Haven is Monero's fork, for which he inherits anonymity and stealth, as well as having RingCT.

4) Digix (DGX), is the first coin totally hooked to gold, in which 1DGX = 1 gram of gold, allowing us to actually purchase 99.99% LBMA gold standard, certified with Bureau Veritas audit and guarded at Silver Bullion's Safe House, redeemable in 100g or 1000g ingots by going to the Vault store in Singapore.

Then we have other little known and with very few volumes, but still valid, such as NUBITS and EURN
Finally there are several other projects ready to be born, among which I would mention:

Alchemint (SDT) coin launched on Neo blockchain, hooked and stabilized with Neo and then with gold, real estate and other crypto.

Carbon that will use Hedera Hashgraph's ledger (new alternative blockhain that uses Asynchronous Byzantine Fault Tolerance, the strongest form of security attainable for a distributed ledger), which incorporates an elastic policy adjusting the amount of money to market demand, maintaining stability price of $ 1.


In conclusion, today compared to a few months / year ago there are many more possibilities to protect our crypto earnings / savings when we see strong turbulence and market volatility. In some cases, if well exploited, these possibilities also allow us to earn rather than lose capital, such as token Digix in which we can exploit the bitcoin / crypto downtrend with the rise of gold, a safe haven.


Updating 28-03-2019

Tether  USDT                      https://tether.to/
USDC                                 https://www.centre.io/index.html
TUSD                                 https://www.trusttoken.com/trueusd/
Paxos  PAX                          https://www.paxos.com/pax/
GUSD                                 https://gemini.com/dollar/
USDS                                  https://www.stably.io/
X8X                                    https://www.x8currency.com/
Globcoin GLX                       https://globcoin.io/
Stasis                                 https://stasis.net/
Stronghold USDS                 https://stronghold.co/stronghold-usd
White Standard WSD            https://thewhitecompanyus.com/?utm_source=cryptoslate
Alchemint  SDUSD                https://alchemint.io/
Noku  EURN                         https://www.noku.io/
Corion                                  https://www.corion.io/
Steem Dollar  SBD                https://steem.com/

 
After these coins anchored and stabilized to the money FIAT, now in review the stablecoin hooked and stabilized, through intelligent and decentralized contracts, to the same cryptocurrencies
Crypto-collateralized Stablecoins

the most important, with the greatest capitalization and market share is
DAI                                                  https://makerdao.com/en/
Bitshares   BitUSD bitCNY  bitEUR       https://bitshares.org/
NuBits   USNTB                                 https://nubits.com/
Havven NUSD                                   https://www.synthetix.io/
Augmint A-Euro                                https://www.augmint.org/
Sweetbridge Network                        https://sweetbridge.com/


Hybrid Stablecoin Models

Reserve             https://reserve.org/
Saga                 https://www.saga.org/
Aurora Boreal   https://auroradao.com/platform/boreal/

Alternative Stablecoin Models

Phi                 https://dfinity.org/pdf-viewer/pdfs/viewer?file=../library/phi-dfinity-extended-v2.pdf
Stableunit       https://stableunit.org/
TerraMoney     https://terra.money/
Celo               https://celo.org/technology

Metal-backed Stablecoins

Digix              https://digix.global/
Tiberius Coin  https://www.tiberiuscoin.com/
Ekon   EKG    https://ekon.gold/

Nice summary tho. i just hope this stable coins are reliable enough will emerge into the market. Im really looking forward to these coins posted in here.

[sandu.gisca13]

With the markets often manipulated and in the hands of the great whales, we small investors are at the mercy of violent downpours and sudden dumps, which erode or cancel the gain of months or years in a few months (as happened from December to today). How to try to protect yourself from all this?
Until recently there were only two possible ways: bank transfer out of the exchange to your bank (return to FIAT) or temporarily park their crypts and convert them into Tether, with all the risks involved.

In recent months, however, following the alleged rumors on the solvency of tether, alternatives to tether or bank transfer have been developed; they are the so-called STABLECOIN

1) TrueUsd (TUSD) which uses smart contracts to guarantee decentralization; coupled to the dollar, the euro, the yen, but also to precious raw materials, stocks and real estate

2) Dai (DAI) in which users block their ETHs in an intelligent contract within the MakerDao system, from which Dai is born; when you redeem the Dai, you get your ETHs again

3) Haven Protocol (XHV), when the system and the network will be mature and stable, through crypto haven it will be possible to keep crypto or fiat sending them to offshore storage contracts that will retain the value of that precise moment; Haven is Monero's fork, for which he inherits anonymity and stealth, as well as having RingCT.

4) Digix (DGX), is the first coin totally hooked to gold, in which 1DGX = 1 gram of gold, allowing us to actually purchase 99.99% LBMA gold standard, certified with Bureau Veritas audit and guarded at Silver Bullion's Safe House, redeemable in 100g or 1000g ingots by going to the Vault store in Singapore.

Then we have other little known and with very few volumes, but still valid, such as NUBITS and EURN
Finally there are several other projects ready to be born, among which I would mention:

Alchemint (SDT) coin launched on Neo blockchain, hooked and stabilized with Neo and then with gold, real estate and other crypto.

Carbon that will use Hedera Hashgraph's ledger (new alternative blockhain that uses Asynchronous Byzantine Fault Tolerance, the strongest form of security attainable for a distributed ledger), which incorporates an elastic policy adjusting the amount of money to market demand, maintaining stability price of $ 1.


In conclusion, today compared to a few months / year ago there are many more possibilities to protect our crypto earnings / savings when we see strong turbulence and market volatility. In some cases, if well exploited, these possibilities also allow us to earn rather than lose capital, such as token Digix in which we can exploit the bitcoin / crypto downtrend with the rise of gold, a safe haven.


Updating 28-03-2019

Tether  USDT                      https://tether.to/
USDC                                 https://www.centre.io/index.html
TUSD                                 https://www.trusttoken.com/trueusd/
Paxos  PAX                          https://www.paxos.com/pax/
GUSD                                 https://gemini.com/dollar/
USDS                                  https://www.stably.io/
X8X                                    https://www.x8currency.com/
Globcoin GLX                       https://globcoin.io/
Stasis                                 https://stasis.net/
Stronghold USDS                 https://stronghold.co/stronghold-usd
White Standard WSD            https://thewhitecompanyus.com/?utm_source=cryptoslate
Alchemint  SDUSD                https://alchemint.io/
Noku  EURN                         https://www.noku.io/
Corion                                  https://www.corion.io/
Steem Dollar  SBD                https://steem.com/

 
After these coins anchored and stabilized to the money FIAT, now in review the stablecoin hooked and stabilized, through intelligent and decentralized contracts, to the same cryptocurrencies
Crypto-collateralized Stablecoins

the most important, with the greatest capitalization and market share is
DAI                                                  https://makerdao.com/en/
Bitshares   BitUSD bitCNY  bitEUR       https://bitshares.org/
NuBits   USNTB                                 https://nubits.com/
Havven NUSD                                   https://www.synthetix.io/
Augmint A-Euro                                https://www.augmint.org/
Sweetbridge Network                        https://sweetbridge.com/


Hybrid Stablecoin Models

Reserve             https://reserve.org/
Saga                 https://www.saga.org/
Aurora Boreal   https://auroradao.com/platform/boreal/

Alternative Stablecoin Models

Phi                 https://dfinity.org/pdf-viewer/pdfs/viewer?file=../library/phi-dfinity-extended-v2.pdf
Stableunit       https://stableunit.org/
TerraMoney     https://terra.money/
Celo               https://celo.org/technology

Metal-backed Stablecoins

Digix              https://digix.global/
Tiberius Coin  https://www.tiberiuscoin.com/
Ekon   EKG    https://ekon.gold/

Thank you for this wonderful review on stablecoins. Just wanted to mention that STASIS is issuing stablecoin EURS pegged to euro, the stablecoin is not called stasis. STASIS is a tokenization platform. We provide a full-service tokenization platform, including token creation/redemption, third-party audits, custodial services, and deep expertise in current regulatory environment.

[D3m1r4wanti]

stable coin comparisons with other altcoins certainly have advantages and disadvantages, with stable coins you will not be too afraid to suffer losses.
but for those of you who like to speculate, it seems like a stable coin doesn't really suit you.

[jamesuk34]

Hi everyone,

It's nice to see a thread on stablecoins. EURS seems to be the best stablecoin pegged to euro? Are there any other options?

[efrenbilantok]

Yeah, we have a lot of stable coins in the crypto market and they have their advantage and disadvantage, I personally don't like stable coin but I always trade them to make profit in the market. For example, once I study the chart and see that there would be a dip in the of bitcoin, I just swap my bitcoin to any stable coin especially USDT until the dump occur, then I buy back into the market thereby increasing the value of my bitcoin, I can earn up to 0.03 Btc daily carrying out this strategy.

Looks like that's the real purpose of stable coins, I do the same thing as you,
as there is no point to me in holding a stable coin because it won't give you much profit or no profit at all for holding long term,

[kronos123]

Hi everyone,

It's nice to see a thread on stablecoins. EURS seems to be the best stablecoin pegged to euro? Are there any other options?

There is also the NOKU project with the 3 stablecoins anchored to Euro (EURN), Swiss Franc (CHFN) and British Pound (GBPN), but it is still little known and widespread, despite the fact that Ico has been closed for more than 1 year.

However, even if you are European, it should not make a difference where you temporarily "park" your crypts, dollars or pound or euro or yen, they are only temporary parking lots when you think the market drops sharply.

[jamesuk34]

Hi everyone,

It's nice to see a thread on stablecoins. EURS seems to be the best stablecoin pegged to euro? Are there any other options?

There is also the NOKU project with the 3 stablecoins anchored to Euro (EURN), Swiss Franc (CHFN) and British Pound (GBPN), but it is still little known and widespread, despite the fact that Ico has been closed for more than 1 year.

However, even if you are European, it should not make a difference where you temporarily "park" your crypts, dollars or pound or euro or yen, they are only temporary parking lots when you think the market drops sharply.

Partially agreed. However, it's easier to count the wealth in euro.

What do you think about EURS btw?

[consideritdone]

compare ... https://www.coingecko.com/en?category_id=36&view=market ... dream