I think Tether is a good one, though it is relatively stable one. Personally, I think in order to make a crypto-asset more stable, it has to be backed by precious metals, or real store of value!
So, the current Gigzi ico project is the answer for stability in crypto price. This upcoming ecosystem will make "tokenized precious metals" a good solution for price volatility and will have a treasury to store gold, silver and platinum..
Topic: WHICH OF THESE STABLECOINS WILL MOST LIKELY BE THE FUTURE OF CRYPTO PAYMENTS? (Read 1802 times)
December 27, 2018, 08:45:58 AM
December 27, 2018, 04:41:37 AM
As part of CP Processors’ series HOW STABLE COINS WORK , we are performing stablecoin reviews of chosen most notable and active stablecoins to day.
This is all part of our stablecoin initiative, done in the effort to further raise awareness on stablecoins in general, and help people understand how they work and what is their overall potential.
Our fifth review was performed on the stablecoin Tether (#USDT), no1 stablecoin by market cap. This review will clearly show main differences between this stablecoin and its top competitors.
Read more - https://medium.com/cp-processor/stable-coin-review-tether-usdt-9d7f3908c910
This is all part of our stablecoin initiative, done in the effort to further raise awareness on stablecoins in general, and help people understand how they work and what is their overall potential.
Our fifth review was performed on the stablecoin Tether (#USDT), no1 stablecoin by market cap. This review will clearly show main differences between this stablecoin and its top competitors.
Read more - https://medium.com/cp-processor/stable-coin-review-tether-usdt-9d7f3908c910
December 17, 2018, 08:38:37 AM
Dear community, here is the review of the stablecoin PAXOS STANDARD (#PAX). Paxos Hope you will find it useful. Comment if there is anything we forgot to mention in this review. We would love to hear your opinion.
https://medium.com/cp-processor/stable-coin-review-paxos-standard-pax-892ef3fd24c8
https://medium.com/cp-processor/stable-coin-review-paxos-standard-pax-892ef3fd24c8
December 12, 2018, 09:25:56 AM
We have just published third in the series of stablecoin reviews - Gemini Dollar (GUSD)
https://medium.com/cp-processor/stable-coin-review-gemini-dollar-gusd-7f3ad1ac18d4
https://medium.com/cp-processor/stable-coin-review-gemini-dollar-gusd-7f3ad1ac18d4
December 10, 2018, 04:52:50 PM
Any stable coin would be okay. Because their value is strong and stable. I have no problems using any stable coins. But for now I used recently was USDT to purchase tokens.
December 10, 2018, 08:44:06 AM
i think tether will be the future stable coin to be used
December 10, 2018, 08:42:02 AM
Dear community, here is the second in the series of stablecoin reviews performed of the USD COIN (#USDC).
The goal is to further raise awareness on stablecoins, and help people understand how they work and what is their overall potential.
Hope you will find them useful!
https://medium.com/cp-processor/stable-coin-review-usd-coin-usdc-c7cf78c81dfb
The goal is to further raise awareness on stablecoins, and help people understand how they work and what is their overall potential.
Hope you will find them useful!
https://medium.com/cp-processor/stable-coin-review-usd-coin-usdc-c7cf78c81dfb
December 05, 2018, 08:28:58 AM
Hope you will find them useful!
They are useful actually if you are a day trader and you want to save your profits through them. Though I don't really use them but that's what I can see from the people who are using it. When they see the market shakes, they are saving their money through converting to these stable coins.
exactly, that is one powerful use case for stablecoins
December 05, 2018, 08:28:19 AM
"Buying TrueUSD (TUSD) for funds from your bank requires a 2-step process. You're going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you're going to transfer your newly bought crypto to a marketplace that sells TUSD in exchange for bitcoin or Ether.
On TrueUSD platform, current minimum purchase amount is $10,000..."
Find out more about TrueUSD in our review - https://medium.com/cp-processor/stable-coin-review-trust-token-tusd-60bc0a3178f2
On TrueUSD platform, current minimum purchase amount is $10,000..."
Find out more about TrueUSD in our review - https://medium.com/cp-processor/stable-coin-review-trust-token-tusd-60bc0a3178f2
December 04, 2018, 08:19:32 AM
I also thought so, maybe in the future people would prefer to use stable coins as a digital currency. but if with stable coin we will not be able to get a big profit from trading.
December 04, 2018, 08:17:46 AM
Hope you will find them useful!
They are useful actually if you are a day trader and you want to save your profits through them. Though I don't really use them but that's what I can see from the people who are using it. When they see the market shakes, they are saving their money through converting to these stable coins.
December 04, 2018, 08:10:14 AM
Dear community, here is the first in the series of stablecoin reviews performed of the TrueUSD (#TUSD).
The goal is to further raise awareness on stablecoins, and help people understand how they work and what is their overall potential.
Hope you will find them useful!
https://medium.com/cp-processor/stable-coin-review-trust-token-tusd-60bc0a3178f2
The goal is to further raise awareness on stablecoins, and help people understand how they work and what is their overall potential.
Hope you will find them useful!
https://medium.com/cp-processor/stable-coin-review-trust-token-tusd-60bc0a3178f2
November 30, 2018, 08:32:20 AM
if crypto wants to be used as a payment instrument, I think stable coin is the best way to do it if it is backed by real money. keeps the value of stable coin fixed. and maybe this is one way for crypto to be accepted by everyone.
but if we talk about profit, stable coins are less suitable to become investments because the price is stable and does not have high volatility
but if we talk about profit, stable coins are less suitable to become investments because the price is stable and does not have high volatility
November 30, 2018, 08:03:31 AM
Thanks to those who voted for us! Keep on voting! Let's include #stablecoins in the next PayTECH book! http://app.thefintechbook.com/thepaytechbook
November 28, 2018, 04:56:00 AM
I do not see point of stable coin in future, especially for crypto payments. Cryptocurrencies should not be something like fiat money. I would rather use real dolar instead of Tether, TUSD or DAI... These stablecoins have too many points of failure.
November 28, 2018, 04:51:32 AM
Dear community, our abstract Evolution of money - Stablecoins is up for voting on FINTECH BOOK website!
Please support our idea and #stablecoins and help us get published in the next @PayTECHBook !
Login to their website and vote for us! Thank you! http://app.thefintechbook.com/thepaytechbook
This is a huge opportunity, not only for CP Processor, but for stablecoins in general. We have a chance to promote this idea in one of the most influential books in the financial ecosystem. Help us raise awareness on stablecoins - the future of blockchain payments!
Please support our idea and #stablecoins and help us get published in the next @PayTECHBook !
Login to their website and vote for us! Thank you! http://app.thefintechbook.com/thepaytechbook
This is a huge opportunity, not only for CP Processor, but for stablecoins in general. We have a chance to promote this idea in one of the most influential books in the financial ecosystem. Help us raise awareness on stablecoins - the future of blockchain payments!
October 31, 2018, 08:12:46 AM
In the effort to further raise awareness on stablecoins in general, we decided to make the first standardized stablecoins questionnaire. Before standards can be established, we need to get feedback from everyone in the community. It is essential that we all work together to create these standards.
That is why we have created this survey with proposed questions that any stablecoin will have to answer before calling itself a proper stablecoin. We expect you to tell us which questions you would exclude from this questionnaire and to add those that are missing.
Here is the link to the survey - https://docs.google.com/forms/d/e/1FAIpQLSdmpAXOOOkNS94BJ18fneTAgtMnVpzG2XXnqr1ttRwrxLj2Cw/viewform?usp=sf_link
Thank you for your cooperation!
That is why we have created this survey with proposed questions that any stablecoin will have to answer before calling itself a proper stablecoin. We expect you to tell us which questions you would exclude from this questionnaire and to add those that are missing.
Here is the link to the survey - https://docs.google.com/forms/d/e/1FAIpQLSdmpAXOOOkNS94BJ18fneTAgtMnVpzG2XXnqr1ttRwrxLj2Cw/viewform?usp=sf_link
Thank you for your cooperation!
October 30, 2018, 09:55:16 AM
it should be trustful coin, Havven looks interesting, while Tether discredited itself with lack of funds to support USDT by 1:1 proportion and printing money from air
Tether is still the most dominant stablecoin in the market, but finally started to decline and is rapidly losing trust of the traders. It is amazing that it didn't happened sooner, since Tether failed to provide audits of its funds
October 29, 2018, 09:39:23 AM
it should be trustful coin, Havven looks interesting, while Tether discredited itself with lack of funds to support USDT by 1:1 proportion and printing money from air
October 29, 2018, 09:19:33 AM
This is one big great news for stable coins and is backed up with real dollars.
Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars
Coinbase Adds Its First Stablecoin Tied to the US Dollar
Coinbase lets you buy and sell USDC stablecoin
Look on how quick USDC reached the top 100 if you'll see it on Coinmarketcap.
Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars
Coinbase Adds Its First Stablecoin Tied to the US Dollar
Coinbase lets you buy and sell USDC stablecoin
Look on how quick USDC reached the top 100 if you'll see it on Coinmarketcap.
Circle is added in our report on StableCoins - https://docs.google.com/spreadsheets/d/e/2PACX-1vTf2gZZJrpSXCxcx_pE4Sjta2lDnDXWbK0ARgoIw_HkYGoIdFtfi0QRJs3DFMnoaQm47cOxeS-0gSiI/pubhtml#, and will be reviewed in our #StableCoinsReview - https://medium.com/cp-processor/questions-for-stable-coins-review-e73ba5931171
It made a big splash when it enter crypto market and deserves to be thoroughly explained. What do you think of these questions? Anything missing?
What I think is missing is you've got to put some multiple choices and input your ideas and answers with your questions. That will be easier for your survey to be answered by participants who are interested to it.
Thank you for your constructive suggestions!
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