STABLE COIN between BITCOIN AND CRYPTO BACKED BY US DOLLAR

[George Alex]

STABLECOINS BACKED BY US DOLLAR

USD Dollar Is one among the mostly used Currency in the World In international Transactions,the main reason is the stability character of the currency although there are many reasons to why USD Dollar is among popular currency. Currently in the developments of Blockchain Technology different people and companies strive to Create A useful Cryptocurrency that may become a popular and stable in the World of  CryptoCurrencies despite of having Bitcoin(BTC) and Ethereum (ETH) which some  term to be stable coins but with its highly volatility may lose one among features of  Stable Coins, dues to the reasons of its changes become difficult to predict some times.

Different Cryptos  Are being initiated to stabilize the market toward future currency of digital Ages, to Day there are four  Cryptocurrencies Which seems Stable as US Dollar  example  ,Tether USD ,USD coin (A cryptocurrency with a stable price, True USD (The most traded,trusted stablecoin backed 1 for 1 with Us Dollar)

[1715675072]

1715675072

[1715675072]

1715675072

[1715675072]

1715675072

[1715675072]

1715675072

[1715675072]

1715675072

[1715675072]

1715675072

[Monetran]

There is an alternative. At Monetran, we've designed a token for use on the Stellar network which uses a novel approach to achieve stability.

Instead of backing the currency with gold or other commodities which can't provide stability of price, we have backed our crypto with interest bearing financial assets, i.e. short term T-bills.

Although USD backed coins can provide stability in the short run, it comes at a cost of built in monetary inflation. If held for any significant amount of time, the purchasing power of the coin will decrease.

Our method not only gives our token price stability, it enables the token to serve as a real store of value because it will gradually increase over time.

Once fully operational, we will also give token holders the ability to redeem directly through the company.

https://www.monetran.com/   

[HouseStark]

Our method not only gives our token price stability, it enables the token to serve as a real store of value because it will gradually increase over time.

Haha...but you said anything subject to monetary inflation can't be stable but here you're saying it shall gradually increase overtime? lol...you know one reality? Money itself isn't stable and so anything having monetary qualities can't be "absolutely" stable. And that's why we have not found yet a stablecoin with absolutely fixed peg rate- it's actually, statistically, mathematically and evidentially not possible hehee...so don't bluff lol, just build your platform!! (my advise).

[terryp90]

There is an alternative. At Monetran, we've designed a token for use on the Stellar network which uses a novel approach to achieve stability.

Instead of backing the currency with gold or other commodities which can't provide stability of price, we have backed our crypto with interest bearing financial assets, i.e. short term T-bills.

Although USD backed coins can provide stability in the short run, it comes at a cost of built in monetary inflation. If held for any significant amount of time, the purchasing power of the coin will decrease.

https://www.monetran.com/   

Backing with T Bills is a good idea, What Form will the T Bills come in?

T bills are only guaranteed in nominal amounts, and if there is inflation in the economy the return on principal becomes less than the original Investment. So calling it totally stable is not entirely being honest.

[CryptoBry]

There is an alternative. At Monetran, we've designed a token for use on the Stellar network which uses a novel approach to achieve stability. Instead of backing the currency with gold or other commodities which can't provide stability of price, we have backed our crypto with interest bearing financial assets, i.e. short term T-bills. Although USD backed coins can provide stability in the short run, it comes at a cost of built in monetary inflation. If held for any significant amount of time, the purchasing power of the coin will decrease. Our method not only gives our token price stability, it enables the token to serve as a real store of value because it will gradually increase over time. Once fully operational, we will also give token holders the ability to redeem directly through the company.

https://www.monetran.com/   

"“Monetran will be involved in various types of internet commerce using their token, Moneda. Plans call for an immediate entry into the international remittance market, which is worth $600 billion on estimate. Longer term goals include partnerships with major retailers such as Amazon and Walmart."


To me, this makes sense. A stablecoin backed by the dollar fiat is subject to less stability since inflation can be eating its value but with the use of T-bills a different picture can be emerging. The MONEDA coin then is very interesting. I am wondering: What are the specific strategies that this coin will be working with to make it popular and be adopted by the many especially that we now have a flood of stablecoins in the market? And how exactly will MONEDA convince Amazon and Walmart into its side?

[Monetran]

Our method not only gives our token price stability, it enables the token to serve as a real store of value because it will gradually increase over time.

Haha...but you said anything subject to monetary inflation can't be stable but here you're saying it shall gradually increase overtime? lol...you know one reality? Money itself isn't stable and so anything having monetary qualities can't be "absolutely" stable. And that's why we have not found yet a stablecoin with absolutely fixed peg rate- it's actually, statistically, mathematically and evidentially not possible hehee...so don't bluff lol, just build your platform!! (my advise).

Don't know what gave you the idea I said that but, of course, I didn't.  What I said was "Although USD backed coins can provide stability in the short run, it comes at a cost of built in monetary inflation."

Moneda isn't "pegged" to anything. It is backed by U.S. government securities. These securities yield interest which will... and this is important.... which will ALWAYS beat the purchasing power of fiat currency. Why? because in times of inflation, fiat will lose purchasing power. In times of significant inflation, both fiat currencies and T-bills may lose purchasing power, however, fiat will ALWAYS lose more. Under normal circumstances, the interest on T-bills will keep up with, if not exceed, the rate of inflation. This is what makes Moneda  "a store of value." USD and coins pegged to them, will always lose purchasing power over time. They can only serve as a store of value for short periods of time.

I also don't know what your definition of "absolutely stable" is, but for purposes of accepting payment for goods and services, Moneda is more stable than any other medium of exchange.

If you want to dispute this, read the Monetran white paper and our information on the StartEngine site. Then show us where we went wrong.

[Monetran]

There is an alternative. At Monetran, we've designed a token for use on the Stellar network which uses a novel approach to achieve stability.

Instead of backing the currency with gold or other commodities which can't provide stability of price, we have backed our crypto with interest bearing financial assets, i.e. short term T-bills.

Although USD backed coins can provide stability in the short run, it comes at a cost of built in monetary inflation. If held for any significant amount of time, the purchasing power of the coin will decrease.

https://www.monetran.com/   

Backing with T Bills is a good idea, What Form will the T Bills come in?

T bills are only guaranteed in nominal amounts, and if there is inflation in the economy the return on principal becomes less than the original Investment. So calling it totally stable is not entirely being honest.

The form of the collateral is 3 month T-bills. Loss of principal is not a concern.

[Monetran]

"“Monetran will be involved in various types of internet commerce using their token, Moneda. Plans call for an immediate entry into the international remittance market, which is worth $600 billion on estimate. Longer term goals include partnerships with major retailers such as Amazon and Walmart."

To me, this makes sense. A stablecoin backed by the dollar fiat is subject to less stability since inflation can be eating its value but with the use of T-bills a different picture can be emerging. The MONEDA coin then is very interesting. I am wondering: What are the specific strategies that this coin will be working with to make it popular and be adopted by the many especially that we now have a flood of stablecoins in the market? And how exactly will MONEDA convince Amazon and Walmart into its side?

You have to remember, Monetran is still in its nascent stages and we are still engaged in a preliminary round of funding. Be that as it may, 40% of investors' funds have been dedicated to back the Moneda currency, and that percentage will increase when substantial investments are made.

Once trading of the tokens begins, we expect that popularity will ensue once it's shown that Moneda can do what we say it can do. Along with this popularity we expect greater exposure to the public.

As far as convincing Amazon and Walmart that Moneda is worthy to be accepted as a medium of exchange, again, once we prove that our token is stable and backed by tangible assets, it would fulfill what we believe are the elements necessary for mass adoption.

Of course, this will all take time. We are working tirelessly to achieve these goals.