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Author Topic: Fiat-collateralized Stablecoins Matrix  (Read 163 times)
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soliton (OP)
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October 28, 2020, 03:37:15 PM
Last edit: March 30, 2021, 06:56:39 AM by soliton
Merited by tk808 (5), hopenotlate (1), Bttzed03 (1)
 #1

........................

Disclaimer: Data gathered in the following matrix are not full as they resulted from my own savor. They may contain discrepancies. DYOR as always.

............

Fiat-collateralized Stablecoins Matrix.

(off-chain collateralization)







______________________________
  • Ticker Symbol: USDT
  • Issued By[00]: Tether, Ltd.
  • Pegged To: $1
  • Market Cap[32]: $ 16.04B
  • Circulating Supply[03]: 16.242.438.101 of 16.775.579.134
  • Network[05],[01]: bitcoin& Omni Layer  (USDT-OMNI), ethereum (USDT-ERC20), TRON (USDT-TRC20), EOS (USDT-EOS)
  • Wallets: MEW, Omni Wallet, Tether Wallet, Coinomi, Exodus, Ledger Nano s/X etc.
  • Traded on[03]: Binance, CoinSpot, BitFinex, Kraken, Poloniex, KuCoin, Bittrex,  etc
  • Yield an interest on[07] : Tidex, CoinLoan, Binance, Compaund, etc..
  • Collateralization: [10],[11] not full, ~ 74%

______________________________
  • Ticker Symbol: USDC
  • Issued By[12]: Centre consortium of Circle&Coinbase.
  • Pegged To: $1
  • Market Cap[32]: $ 2.78B
  • Circulating Supply[13]: 2.805. 660. 587 of 2.812.332 .703
  • Network[14]:Ethereum (ERC20).
  • Wallets[14]: MEW, ZEUX, TRUST, Coinomi, Exodus, Ledger Nano s/X etc.
  • Traded on[13]: Binance, Uniswap v2, SHORTEX,  Poloniex,  etc..
  • Yield an interest on[07],[15]  : Coinbase,  Nexo,  Celsius, Hodlnaut, Aave,  DDEX, Compaund, dYdX, etc..
  • Collateralization[16]: “by a corresponding USD held in bank accounts of the issuer”

______________________________
  • Ticker Symbol:TUSD
  • Issued By[17]: TrustToken Inc.
  • Pegged To: $1
  • Market Cap[32]: $ 298.65M
  • Circulating Supply[18]: 315.291.512 of 315.291.512
  • Network[09],[17]: Ethereum (ERC20)
  • Wallets: MEW, Ledger Nano s/X and any ERC-20 capable.
  • Traded on[17]: Kucoin, Binance, Upbit, OKEx, KyberSwap, Bittrex Global, Bitfinex, etc
  • Yield an interest on[19],[20] : CredEarn, Celsius, Nexo, Aave, CurveY, etc..
  • Collateralization: [09],[19] full and "held in an escrow account by third parties."

______________________________
  • Ticker Symbol: PAX
  • Issued By[21]: Paxos Trust Company, LLC.
  • Pegged To: $1
  • Market Cap[32]: $ 244.77M
  • Circulating Supply[22]: 244.951.954  of 249.952.065
  • Network[21]: Ethereum (ERC20)
  • Wallets: MEW, Lumi, Ledger Nano s/X and any ERC-20 capable.
  • Traded on[22][24]: TOKOK, Binance, Sistemkoin, Bittrex etc
  • Yield an interest on[23] : BlockFi, CoinList, etc.
  • Collateralization: [09],[25] full, "controlled and regulated by the NYDFS."





______________________________
  • Ticker Symbol: GUSD
  • Issued By[26]:Gemini Trust Company, LLC.
  • Pegged To: $1
  • Market Cap[27]: $ 15.16M
  • Circulating Supply[27]: 14.995.334 of 14.995.334
  • Network[27]:Ethereum (ERC20)
  • Wallets: MEW, TRUST, Ledger Nano s/X and any ERC-20 capable.
  • Traded on[27][28]: FatBTC, BitMart, Coinbase, DegiFinex, etc
  • Yield an interest on[28][23]  : BlockFi, CoinList, etc.
  • Collateralization[09]: full, "controlled and regulated by the NYDFS."

______________________________
  • Ticker Symbol: BUSD
  • Issued By[09][30]:Binance&PAXOS.
  • Pegged To: $1
  • Market Cap[29]: $ 737.73M
  • Circulating Supply[29]: 754.799.854 of 736.263.290
  • Network[30]:Ethereum (ERC20)
  • Wallets: MEW, Incognito, GUARDA, etc.
  • Traded on[29][30]: Binance, ViteX, Emirex, etc
  • Yield an interest on[30][23]  : Binance, Aave, etc.
  • Collateralization[09][30] [31]: full, "held in reserve in U.S. bank accounts by Paxos Trust Company."

______________________________
  • Ticker Symbol: HUSD
  • Issued By[33]: Stable Universal.
  • Pegged To: $1
  • Market Cap[33]: $ 254.34M
  • Circulating Supply[33]: 254.41M  of 156.49M
  • Network[33]:Ethereum (ERC20)
  • Wallets:LUMI, HuobiWallet, Bidali, etc.
  • Traded on[33]: Huobi Global, Pionex, Uniswap V2, etc
  • Yield an interest on[34][35][36]  :YFII, NEXO, Hubi Global, Tokenlon, etc.
  • Collateralization[35]: full, "works with third parties to audit the smart contract."

______________________________
  • Ticker Symbol: USDH
  • Issued By[37]: CoinEx.
  • Pegged To: $1
  • Market Cap[32]: $ 164,211
  • Circulating Supply[33]:    170,285
  • Network[37]: Bitcoin Cash
  • Wallets[39]:Badger,  "any wallet that supports BCH and SLP" .
  • Traded on[38]:CoinEx
  • Yield an interest on[34][35][36]  :YFII, NEXO, Hubi Global, Tokenlon, etc.
  • Collateralization[35]: full, "works with third parties to audit the smart contract."





______________________________
  • Ticker Symbol: EURS
  • Issued By[40]: Stasis.
  • Pegged To: €1
  • Market Cap[32]: $ 37.22M
  • Circulating Supply[32]: $ 37.98M  
  • Network[40]: Ethereum (ERC20)
  • Wallets[40]:Stasis, Guarda, Ledger, MEW, etc.
  • Traded on[40]: DSX, Changelly, Bitfinex, OKcoin, VirgoCX
  • Yield an interest on[42]:Uniswap, etc, etc.
  • Collateralization[41]: full, EURO hold by STSS (Malta) Limited

______________________________
  • Ticker Symbol: XCHF
  • Issued By[43]: Swiss Crypto Tokens AG.
  • Pegged To: ₣1
  • Market Cap[32]: $ 6.76M
  • Circulating Supply[32]: $ 4.73M
  • Network[43]: Ethereum (ERC20)
  • Wallets: AirGap, Ledger, etc .
  • Traded on[44]: Bitfinex , Uniswap V2, etc..
  • Yield an interest on[45]  :Uniswap, etc.
  • Collateralization[43]: "fully backed by physical CHF bank notes which are audited by Grant Thornton Ltd on a monthly basis."

______________________________
  • Ticker Symbol: USDK
  • Issued By[46]: OKLink & Prime Trust.
  • Pegged To: $1
  • Market Cap[46]: $ 28.64M
  • Circulating Supply[46]: 28.60M
  • Network[46]: Ethereum (ERC20)
  • Wallets[47]:Metamask,  Scatter, ets .
https://www.coinhouse.com/
  • Yield an interest on[48]  :YFII, etc.
  • Collateralization[47]: seems to be full

______________________________
  • Ticker Symbol: EURL
  • Issued By[49]:Lugh.
  • Pegged To: €1
  • Market Cap:
  • Circulating Supply:
  • Network[51]: Tezos
  • Wallets:
  • Traded on[50]:Coinhouse
  • Yield an interest on:  
  • Collateralization[51]: "reserve is held in accounts managed by Societe Generale"






References:

[00]. https://en.wikipedia.org/wiki/Tether_(cryptocurrency)
[01]. https://en.bitcoinwiki.org/wiki/Tether
[02]. https://changelly.com/blog/what-is-tether-usdt/
[03]. https://coinpaprika.com/coin/usdt-tether/
[04]. https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf
[05]. https://support.kucoin.plus/hc/en-us/articles/360022263593-USDT-based-on-TRC20-ERC20-and-EOS
[06]. https://micky.com.au/what-should-you-do-with-your-usdt-during-the-pandemic-stake-lend-or-hold/
[07]. https://www.hackernoon.com/usdt-vs-usdc-which-can-earn-you-a-better-roi-cm7z3z5g
[08]. https://www.youtube.com/watch?v=TyXLCQlP-Zo
[09]. https://changelly.com/blog/best-stablecoins-comparison/
[10]. https://www.forbes.com/sites/lukefitzpatrick/2020/04/27/expect-a-huge-backlash-if-stablecoins-are-banned/
[11]. https://www.bloomberg.com/news/articles/2019-04-30/tether-says-stablecoin-is-only-backed-74-by-cash-securities
[12]. https://en.wikipedia.org/wiki/USD_Coin
[13]. https://coinpaprika.com/coin/usdc-usd-coin/
[14]. https://www.centre.io/usdc
[15]. https://defirate.com/lend/
[16]. https://help.coinbase.com/en/coinbase/getting-started/general-crypto-education/usd-coin-usdc-faq
[17]. https://www.blockfer.com/stablecoins/reviews/trueusd/
[18]. https://coinpaprika.com/coin/tusd-trueusd/
[19]. https://www.trusttoken.com/trueusd
[20]. https://www.stakingrewards.com/earn/trueusd/providers
[21]. https://en.bitcoinwiki.org/wiki/Paxos_Standard_Token
[22]. https://coinpaprika.com/coin/pax-paxos-standard-token/
[23]. https://defirate.com/lend/
[24]. https://www.paxos.com/pax/
[25]. https://www.coinbureau.com/review/paxos-standard-pax/
[26]. https://coinbound.io/what-is-gemini-dollar/
[27]. https://coinpaprika.com/coin/gusd-gemini-dollar/
[28]. https://gemini.com/dollar
[29]. https://coinpaprika.com/coin/busd-binance-usd/
[30]. https://www.coinbureau.com/review/binance-usd-busd/
[31]. https://www.paxos.com/busd/
[32]. https://coincodex.com/cryptocurrencies/sector/stablecoins/
[33]. https://coincodex.com/crypto/husd/
[34]. https://www.stcoins.com/
[35]. https://defi.cx/husd-stcoins/
[36]. https://support.hbfile.net/hc/en-us/articles/900002870123-Huobi-Global-DeFi-Liquidity-Mining-Campaign-Phase-IV-Stake-HT-HPT-HUSD-to-Share-the-Reward-of-Mining-at-21-30-September-25-GMT-8-
[37]. https://bitcoinexchangeguide.com/honestcoin-usdh-a-new-bitcoin-cash-based-stablecoin-launches/
[38]. https://coincodex.com/crypto/honestcoin/
[39]. https://faq-en.honestcoin.io/how-do-i-store-my-usdh-how-do-i-use-it
[40]. https://stasis.net/qa/
[41]. https://stasis.net/transparency/
[42]. https://defimarketcap.io/token/0x885e214cffd19e1d30f3c9f55056f9e8d99ee1b5
[43]. https://www.swisscryptotokens.ch/
[44]. https://coincodex.com/crypto/cryptofranc/exchanges/
[45]. https://defimedia.best/defi/uniswap%20v2/tokens/
[46]. https://coincodex.com/crypto/usdk/
[47]. https://stablecoins.live/usdk-oklink/summary/wallet
[48]. https://www.coingecko.com/en/coins/usdk/yfi
[49]. https://www.lugh.io/product-1
[50]. https://www.coinhouse.com/
[51]. https://www.lugh.io/faq

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October 28, 2020, 04:03:52 PM
 #2

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October 28, 2020, 04:24:28 PM
 #3

Even if USDT is available on multiple blockchain networks but it is interesting to see that even usdt has got mist volume in their erc-20 token only, just goes to show the power and dominancy of ethereum network in stablecoin arena as well.

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March 23, 2021, 10:56:16 AM
Merited by soliton (1)
 #4

There are a couple of stablecoins I'm following lately and I wonder if you may consider adding them to your matrix and eventually the reasons if you will not :

 - one is EURL a stablecoin pegged to EURO value issued on Tezos  backed in full with reserved FIAT Euros on a Société Générale bank account, you can red more here https://www.lugh.io/

 - the other is USDN - Neutrino USD -  an algorithmic crypto-collateralized stablecoin pegged to the US dollar => https://coinmarketcap.com/it/currencies/neutrino-usd/

Nice thread by the way, merit deserved.

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soliton (OP)
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March 28, 2021, 04:05:21 PM
Last edit: March 30, 2021, 06:59:41 AM by soliton
 #5

There are a couple of stablecoins I'm following lately and I wonder if you may consider adding them to your matrix and eventually the reasons if you will not :

 - one is EURL a stablecoin pegged to EURO value issued on Tezos  backed in full with reserved FIAT Euros on a Société Générale bank account, you can red more here https://www.lugh.io/

 - the other is USDN - Neutrino USD -  an algorithmic crypto-collateralized stablecoin pegged to the US dollar => https://coinmarketcap.com/it/currencies/neutrino-usd/

Nice thread by the way, merit deserved.

Hi, EURL seems to be relatively young stable coin as I never heard of it. An outline of this stable coin looked very interesting to me so EURL has been added to the matrix. However I didn't manage to find some details on it such as circulating supply, Market Cap, where to get yield. I  would appreciate any info on these. Which wallet/s would you recommend?

As to USDN, AFAIK it has on-chain collateralization model  which doesn't match the coins gathered in matrix.
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