Topic: STABLECOIN: comparison and opportunities - page 2. (Read 19334 times)

There is no doubt we need more Stablecoins, it helps he space positively, that is why I always say people do not give Tether much credit for their service to the space, talking of opportunity, for me I think Dai is the one that present the best opportunity in the space through their Defi platform

It seems to me that every user of cryptocurrency who decided to deal with stable coins must still direct his funds to several such projects. You can not blindly trust the cryptocurrency equivalent of the euro, since cryptocurrency is equivalent to the dollar. That is why it is better to distribute them into equal parts.

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

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

What do you think about EURS btw?

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.

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,

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?

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.

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/

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.

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/

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.

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.

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.

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

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.

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

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.