STABLECOIN: comparison and opportunities

coinary

jr. member

Activity: 57

Merit: 8

Quote from: ATSgrowth on July 02, 2019, 07:01:30 AM

You can add recently created: DiamCoin, Anchor, USDQ that are growing from the bottom, but have promising future. Instead of Tether they offer decentralization and improved stability.

We have added USDQ to Stablecoins - https://stablecoins.live/usdq/summary, we will look for DiamCoin and Anchor.

ATSgrowth

full member

Activity: 924

Merit: 106

homt.net

You can add recently created: DiamCoin, Anchor, USDQ that are growing from the bottom, but have promising future. Instead of Tether they offer decentralization and improved stability.

sandu.gisca13

newbie

Activity: 5

Merit: 0

https://www.youtube.com/watch?v=kDTpBgz8HqU

You leave your money in the bank, but do you actually know what they do with it? Gregory Klumov explains how the blockchain can be used to quantify our trust in financial institutions, so we only give our money to institutions who deserve it.

jamesuk34

newbie

Activity: 10

Merit: 0

Quote from: MidnightWolf on May 29, 2019, 02:13:21 PM

It would be nice if a cryptocurrency, which is equivalent to a dollar, was provided with gold reserves or a dollar. In such a cryptocurrency would be much more confidence and it would be valued better than the USDT.

STASIS has designed the most transparent stablecoin backed by euro: https://stasis.net/transparency/

HichemFetoui

full member

Activity: 658

Merit: 100

I think the future is with decentralized stable coin such as dai because the real added value of the blockchain is caught right there the decentralization give people ease of mind and trust in the system

MidnightWolf

member

Activity: 630

Merit: 10

It would be nice if a cryptocurrency, which is equivalent to a dollar, was provided with gold reserves or a dollar. In such a cryptocurrency would be much more confidence and it would be valued better than the USDT.

juperos

member

Activity: 459

Merit: 10

Stablecoin is actually one of the things that helps investors as we are not affected by whale manipulation strategies. I really appreciate this. But we still need knowledge to choose the best stablecoin for a cheap fee. USDT is really good but its fee is quite high. In the future, I will look for stablecoin with lower transaction fees.

Flupy

newbie

Activity: 58

Merit: 0

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perla

hero member

Activity: 1932

Merit: 504

Quote from: Fuhre on May 25, 2019, 06:23:09 PM

Sometimes I think for what has a stable coin, if you are a trader can it be traded? if you are an investor can it be an investment asset? that's what I think.

A little hard maybe, because traders and investors will look something that can make them profit and it means it have a lot of volatile. Because pump and dump is something that traders look for.

Police Indo

full member

Activity: 649

Merit: 100

Quote from: kronos123 on May 24, 2019, 06:47:36 AM

Exactly one year after the opening of this thread, many new stablecoins were born and have gradually established themselves on the market, but Tether remains firmly the most traded and used stable on the markets, despite the thousand doubts, accusations and concerns that spread periodically among investors; very often we even see that the daily volume traded on Tether exceeds that on Bitcoin (as happened in recent weeks).

At the moment, the total capitalization of all Stablecoins is around $ 4 billion, around 2% of the entire market.

https://diar.co/volume-3-issue-15/#1

Why are stable coins even harder to lead the market? BTC almost controls> 50% of the total market capitalization, even though it's only one type of coin,

Fuhre

full member

Activity: 644

Merit: 107

Sometimes I think for what has a stable coin, if you are a trader can it be traded? if you are an investor can it be an investment asset? that's what I think.

kronos123

sr. member

Activity: 1022

Merit: 391

Quote from: kronos123 on April 08, 2019, 08:14:24 AM

Quote from: jamesuk34 on April 08, 2019, 07:19:08 AM

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.

Another new euro-stablecoin, EURM, issued by Moneyfold, which in 2018, graduated from a regulatory sandbox promoted by the Financial Conduct Authority in the United Kingdom, achieving FCA approval for issuance of fiat-backed toens on the Ethereum blockchain - regulated electronic money on a public blockchain.

We will see the first EURM soon on the EIDOO multi-function platform, with which Moneyfold has formed a partnership.

https://cryptonomist.ch/en/2019/05/24/moneyfold-stablecoin-pegged-to-eur/

kronos123

sr. member

Activity: 1022

Merit: 391

Exactly one year after the opening of this thread, many new stablecoins were born and have gradually established themselves on the market, but Tether remains firmly the most traded and used stable on the markets, despite the thousand doubts, accusations and concerns that spread periodically among investors; very often we even see that the daily volume traded on Tether exceeds that on Bitcoin (as happened in recent weeks).

At the moment, the total capitalization of all Stablecoins is around $ 4 billion, around 2% of the entire market.

https://diar.co/volume-3-issue-15/#1

MidnightWolf

member

Activity: 630

Merit: 10

Quote from: HichemFetoui on April 24, 2019, 05:07:02 AM

I think the metal based stable coin are the future of the stable coin industry they have intrinsic values and can be merged easily by AI. Good luck for all

in any case, any stable coin must have a product that provides value. It can be gold or other valuable metals, as well as any product that is valued throughout the world.

brookstom08

newbie

Activity: 2

Merit: 0

Quote from: HELLOFF on April 23, 2019, 12:59:50 PM

Quote from: jamesuk34 on April 23, 2019, 03:52:04 AM

Quote from: kronos123 on April 19, 2019, 01:19:08 PM

I have repeated several times, also elsewhere, that I personally consider Dai and its MakerDao ecosystem the best of the Stablecoin releases in the last 2 years; but this does not mean that it is 100% reliable and I would not recommend putting all your savings into one stable, but it is always preferable to divide on more coins.

What are your thoughts about EURS?

It seems to me that this is also a fairly good stable coin, like the USDT. The fact is that the relevance of the EURS will have a regional affiliation. But if we take into account the possibilities of the cryptocurrency market, then any stable coins will increase their relevance when the cryptocurrency market begins to fall.

I am not sure you can compare USDT where you are not aware of whether they are backed by fiat USD; and EURS where they upload daily statements and have audits from BDO.

HichemFetoui

full member

Activity: 658

Merit: 100

I think the metal based stable coin are the future of the stable coin industry they have intrinsic values and can be merged easily by AI. Good luck for all

HELLOFF

member

Activity: 602

Merit: 10

Quote from: jamesuk34 on April 23, 2019, 03:52:04 AM

Quote from: kronos123 on April 19, 2019, 01:19:08 PM

I have repeated several times, also elsewhere, that I personally consider Dai and its MakerDao ecosystem the best of the Stablecoin releases in the last 2 years; but this does not mean that it is 100% reliable and I would not recommend putting all your savings into one stable, but it is always preferable to divide on more coins.

What are your thoughts about EURS?

It seems to me that this is also a fairly good stable coin, like the USDT. The fact is that the relevance of the EURS will have a regional affiliation. But if we take into account the possibilities of the cryptocurrency market, then any stable coins will increase their relevance when the cryptocurrency market begins to fall.

jamesuk34

newbie

Activity: 10

Merit: 0

Quote from: kronos123 on April 19, 2019, 01:19:08 PM

I have repeated several times, also elsewhere, that I personally consider Dai and its MakerDao ecosystem the best of the Stablecoin releases in the last 2 years; but this does not mean that it is 100% reliable and I would not recommend putting all your savings into one stable, but it is always preferable to divide on more coins.

What are your thoughts about EURS?

kronos123

sr. member

Activity: 1022

Merit: 391

I have repeated several times, also elsewhere, that I personally consider Dai and its MakerDao ecosystem the best of the Stablecoin releases in the last 2 years; but this does not mean that it is 100% reliable and I would not recommend putting all your savings into one stable, but it is always preferable to divide on more coins.

jdarren

member

Activity: 296

Merit: 12

I am really interested to see how the MakerDao system pans on especially with their pegged Dai. I think it's a rad idea once you're able to wrap your mind aroudn it

Topic: STABLECOIN: comparison and opportunities (Read 19334 times)