WHICH OF THESE STABLECOINS WILL MOST LIKELY BE THE FUTURE OF CRYPTO PAYMENTS? - page 2.

livingfree

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Quote from: CP_Processor on October 26, 2018, 04:54:30 AM

Quote from: livingfree on October 26, 2018, 04:14:54 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.

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?

Yes, having a real back up of dollars is really big and its Coinbase and Circle, they are not just so popular companies but they are one of the biggest that operates right now. With your questions, they are fine IMO.

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.

CP_Processor

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Quote from: livingfree on October 26, 2018, 04:14:54 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.

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?

livingfree

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Activity: 2884

Merit: 579

Hire Bitcointalk Camp. Manager @ r7promotions.com

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.

CP_Processor

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Activity: 252

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📯Real tests of #stablecoins are coming!!! Don't miss it! Follow us on Medium!

https://medium.com/cp-processor/questions-for-stable-coins-review-e73ba5931171

CP_Processor

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Take a look at this questionnaire we made for our #StableCoinsREVIEW
We want to hear your thoughts. Is there anything else we should ask these stable coin teams?

https://medium.com/cp-processor/questions-for-stable-coins-review-e73ba5931171

dddudidd

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still not certain, depending on how Stablecoin continues to develop its wings in a particular realm, it will also be seen from investors who invest their capital in the development of this project.

CP_Processor

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Quote from: contactmike1 on October 23, 2018, 07:58:16 AM

I don't think usdt will lose dominance. other competitors have lower volume compared to usdt and you can't use it as a method of keeping your funds in stability.

They have lower volume for now, but Tether is not going to dominate stablecoin market for much longer. Regulated coins will take over its dominance, or at least split it

contactmike1

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I don't think usdt will lose dominance. other competitors have lower volume compared to usdt and you can't use it as a method of keeping your funds in stability.

CP_Processor

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Here is an update of StableCoin Overview Report!

https://docs.google.com/spreadsheets/d/e/2PACX-1vTf2gZZJrpSXCxcx_pE4Sjta2lDnDXWbK0ARgoIw_HkYGoIdFtfi0QRJs3DFMnoaQm47cOxeS-0gSiI/pubhtml#
What's new: Paxos and BitBay added!

Let us know of the new stablecoins and major updates about your favourite stablecoin projects, and we will include them in our next update!

CP_Processor

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Quote from: romanij on October 20, 2018, 05:45:29 AM

You know, it is very difficult to understand what kind of project will move the entire crypto industry in the near future. I don't know what the future holds, but it's gonna be a lot of fun.

Agree! It is very exciting to see what the future holds in terms of stable coins!

CP_Processor

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We just published introductory piece to our review series - HOW STABLECOINS WORK

Check it out - https://medium.com/cp-processor/how-stable-coins-work-35301e98c210

bartusv

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I do not believe in stable coins as crypto is volatile market. Stable coins has to be backed with same amount of FIAT
to be stable. We has witnessed this week when Tether lost almost 10% from it`s value. I see the benefit from stable
coins for trading purposes

romanij

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You know, it is very difficult to understand what kind of project will move the entire crypto industry in the near future. I don't know what the future holds, but it's gonna be a lot of fun.

CP_Processor

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Yet another report on ongoing Stable coin projects! Big thanks to Konfid.io and Kintaro Capital for including us in this article!
https://medium.com/konfid-io-blockchain-reports/what-stablecoins-are-out-there-7082b78a36f9

waser12

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For me USDT is ok. It is in top 10 of coinmarketcap. Top crypto exchanges provide trading in pair crypto/USDT.

CP_Processor

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Hey guys, here is an update of our StableCoin Overview Report!

https://docs.google.com/spreadsheets/d/e/2PACX-1vTf2gZZJrpSXCxcx_pE4Sjta2lDnDXWbK0ARgoIw_HkYGoIdFtfi0QRJs3DFMnoaQm47cOxeS-0gSiI/pubhtml#

Special thanks to @Globcoin_io for sharing their exciting news with us - their GLX is now live on blockchain 👏

CP_Processor

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📯TETHER GOES DOWN
The next wave of USD-backed stablecoins have begun to make their way onto high-volume cryptocurrency exchanges, and early indications suggest that traders may trust them more than tether (USDT)...
https://cryptoinvest.tech/new-crop-of-regulated-stablecoins-are-trading-at-a-premium-to-tether/ …

CP_Processor

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Quote from: Escan0r on October 05, 2018, 08:36:15 AM

Quote from: CP_Processor on May 11, 2018, 05:37:33 AM

Our recent poll showed that majority of you believes that the future of crypto payments lies in stablecoins. But which one will be the “winner”? Which one do you trust the most? Roll Eyes

We would love to hear your opinion on this matter, so leave your comment below, or simply vote!

https://twitter.com/CP_Processor/status/994902629665910784

For further read visit https://medium.com/cp-processor/which-stablecoin-will-most-likely-be-used-in-the-future-of-crypto-payments-18f05b51659e

What I see is that the crypto currency has never been stable and never will. There may be some coins that will be used by people for payments such as hotels, meals or coffee. Even now there are already but if you are looking for coins that are stable in price it will be difficult, bitcoin that we often see has never been stable until now.

You can't compare bitcoin, ether, and other altcoins with stablecoins. They are completely different in purpose and the way they are designed.
All stablecoins are not the same by type (Fiat collateral, crypto collateral, non collateral/algorithm) but they are all striving to be stable in price. Most notable examples of price stable stablecoins are Tether and lately TrueUSD, but many more are emerging and it seems that the market is maturing and is finally ready to accept stablecoins.
Take a look at this article. You may find it useful - https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-819d183f6ac7

Escan0r

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Quote from: CP_Processor on May 11, 2018, 05:37:33 AM

Our recent poll showed that majority of you believes that the future of crypto payments lies in stablecoins. But which one will be the “winner”? Which one do you trust the most? Roll Eyes

We would love to hear your opinion on this matter, so leave your comment below, or simply vote!

https://twitter.com/CP_Processor/status/994902629665910784

For further read visit https://medium.com/cp-processor/which-stablecoin-will-most-likely-be-used-in-the-future-of-crypto-payments-18f05b51659e

What I see is that the crypto currency has never been stable and never will. There may be some coins that will be used by people for payments such as hotels, meals or coffee. Even now there are already but if you are looking for coins that are stable in price it will be difficult, bitcoin that we often see has never been stable until now.

CP_Processor

jr. member

Activity: 252

Merit: 1

The crypto world is going wild for 'stablecoins' — here's everything you need to know about them ℹ️📖🤔
https://blog.blockchain.com/…/…/26/the-state-of-stablecoins/

Topic: WHICH OF THESE STABLECOINS WILL MOST LIKELY BE THE FUTURE OF CRYPTO PAYMENTS? - page 2. (Read 1808 times)