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Topic: WHICH OF THESE STABLECOINS WILL MOST LIKELY BE THE FUTURE OF CRYPTO PAYMENTS? - page 3. (Read 1802 times)

member
Activity: 310
Merit: 10
I do not like stablecoins, and the history of USDT is very strange. I think there are a lot of different altcoins, that will replace the payment systems in the nearest future, but we need more working products and not just whitepapers.
full member
Activity: 644
Merit: 101
Legit stable coin is that coin should be comply with regulation AML and auditable. In the crypto market now alot of new stable coin and some of them was comply with AML and auditable, one of them is GUSD /Gemini Dolar which this coin released by Gemini exchange. Stable coin that auditable is very important for crypto ecosystem to avoid fraud activity.
copper member
Activity: 140
Merit: 1
I think TrueUSD will soon be the most preferred stable coin , there are many allegation about USDT that they don't have up to the acclaimed fiat currency to backed it. Even some exchange have started replacing USDT with TrueUSD
jr. member
Activity: 252
Merit: 1
Proud to be included in http://Blockhain.com  State of Stablecoins, comprehensive report on current strengths, trade-offs and concerns associated with stablecoin problems! 😃https://www.blockchain.com/research
legendary
Activity: 2548
Merit: 1245
https://cryptocoinspy.com/tether-usdt-delisting-following-trust-questions/
https://en.bitnovosti.com/2018/03/27/bit-z-crypto-exchange-will-delist-tether-tokens/

So we now have two exchanges that delisted Tether :

Digifinex : who delisted Tether and added TrueUSD
Bit-Z      :  who delisted Tether

Personally i dont use any stablecoin, but i would be very very carefull with using Tether,
its operating way too shady.

If i were to choose a stablecoin, it would have to be fully accountable, backed up by strict regulation, legally protected
and operating independently (for example TrueUSD is a ERC token, that has a dependency on Ethereum's network).

Maybe i would go for the Gemini Dollar, as the Gemini exchange itself is regulated very well and provides good legal protection.    
I suspect Tether's role will start to diminish over time, if they keep operating like they do now.

full member
Activity: 602
Merit: 100
Well,the most reliable today is USDT, due to long history, but majority of users accuse it for fraudulent activities,so it seems that we need for another trusted stable coin.

Nusd by Havven is not something what can compete with usdt,but gusd by Gemini exchange seems to me potential.

Gusd has just appeared ,but I believe it can sucessfuly compete with usdt in nearest future.

I am looking forward for more stable coins like for euro(not only usd should be used)
sr. member
Activity: 465
Merit: 254
I believe stable coins will have a use case as something you exchange other cryptos to, but never as something people will want to invest in. Part of the fun with crypto is that it can increase in value, this is taken away with stable coins...
jr. member
Activity: 252
Merit: 1
jr. member
Activity: 252
Merit: 1
As part of our efforts to educate community about the importance of stablecoins, we have made a public spreadsheet with relevant information on stablecoin projects. Feel free to share it - https://docs.google.com/spreadsheets/d/17giG2v5I7CrtiftvXooTFWoHqA0NKnHyOoy5fE8Tfms/edit#gid=0
If you wish to add something about your project, please contact us!
jr. member
Activity: 252
Merit: 1
During our extensive market research, we have come across some devastating facts. The majority of people that are dealing with cryptocurrencies, still has no clue what the concept of stablecoins is all about. The most popular false opinion is that it refers to cryptocurrencies such as bitcoin or ether, that are in some way, superior to other cryptocurrencies and dictate the price change. That is why we have decided to start a public group StableCoins, whose sole purpose will be to educate the community about the potential and significance of stablecoins in general.

If you are interested in stablecoins, join the public group StableCoins, and help us spread the word - https://www.facebook.com/groups/208634679804038/

We strongly believe that stablecoins might be the key to mass adoption of cryptocurrencies!
jr. member
Activity: 252
Merit: 1
Here, you will find everything about the current state of all Stablecoin projects!
https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-819d183f6ac7
jr. member
Activity: 252
Merit: 1
Which STABLECOIN or Stablecoin project is your favourite and why?

We have compiled a list of 12 STABLECOINS and Stablecoin projects for you to choose:

1. Tether
2. MakerDAO
3. Havven
4. CP Processor
5. DigixDao
6. Globcoin
7. Minexcoin
8. TrueUSD
9. Fragments
10. Bitshares
11. Basiscoin
12. Aurora


LEAVE YOUR COMMENT, OR GO TO OUR TWITTER POLL - https://twitter.com/CP_Processor/status/1006463148176658435 AND VOTE!

One day left for you to VOTE for your favourite stablecoin project!
jr. member
Activity: 252
Merit: 1
Comprehensive overview of Stablecoins — Part 5
Conclusion

Read the fifth and final part of the Overview! https://medium.com/@CP_Processor/comprehensive-overview-of-stablecoins-part-5-190024698bd8
jr. member
Activity: 252
Merit: 1
Which STABLECOIN or Stablecoin project is your favourite and why?

We have compiled a list of 12 STABLECOINS and Stablecoin projects for you to choose:

1. Tether
2. MakerDAO
3. Havven
4. CP Processor
5. DigixDao
6. Globcoin
7. Minexcoin
8. TrueUSD
9. Fragments
10. Bitshares
11. Basiscoin
12. Aurora


LEAVE YOUR COMMENT, OR GO TO OUR TWITTER POLL - https://twitter.com/CP_Processor/status/1006463148176658435 AND VOTE!
jr. member
Activity: 252
Merit: 1
Did you know that you can download price index widget for your website FOR FREE from our website https://coinpaymentprocessor.org/ ?! All the popular cryptocurrencies and their price change in real time! btc, eth, bch, xrp, ltc  Shocked
jr. member
Activity: 252
Merit: 1
Base on what i've seen, i must confess, i prefer HAVVEN to all these coins listed by the author of this post. Havven have being coming with new features and seems to be very good even presently compare to all these other tokens listed but future would definitely speak as we can only be sure of the present. Thanks

Thanks for your honest reply! We agree that Havven is an interesting project. We wish them all the luck with their project. But keep an eye on CP Processor as well. Soon, we will have our MVP and stable tokens out in the market Smiley
member
Activity: 308
Merit: 15
Base on what i've seen, i must confess, i prefer HAVVEN to all these coins listed by the author of this post. Havven have being coming with new features and seems to be very good even presently compare to all these other tokens listed but future would definitely speak as we can only be sure of the present. Thanks
jr. member
Activity: 252
Merit: 1
COMPREHENSIVE OVERVIEW OF STABLECOINS - PART 4!
NON COLLATERALIZED STABLECOINS

Non collateralized stablecoins are price stable cryptocurrencies that aren’t backed by any collateral. It is the most complex, but potentially the most impactful for the ecosystem. To maintain the price level, a “central bank” is created that algorithmically maintains the supply of currency, increasing it when price goes up and decreasing it when price goes down.


Pros:
-Does not require collateral
-Theoretically risk-independent of other currencies (though if there is a general decline in cryptocurrencies as an asset class there would likely be a decline in demand for seigniorage shares)
Cons:
-Not as intuitive or easily explained as other structures
-Input of future expectations for seigniorage shares means that it cannot be known how resilient a coin is to downward pressure
-Require always increasing future demand


Projects that implement this method are:
1. Basecoin
2. Carbon
3. Kowala
4. Fragments
5. Minexcoin
6. CP Processor

READ THE FULL ARTICLE AT MEDIUM - https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-part-4-cf945e70828c
jr. member
Activity: 252
Merit: 1
We believe it is of great importance to inform our community on the value of stablecoins!
Therefore, we have a new poll on our Twitter page https://twitter.com/CP_Processor/status/1001470165266173952



Your opinion matters! So like, share, comment and vote for your favourite type of stablecoins!

DON'T FORGET TO VOTE!
jr. member
Activity: 252
Merit: 1
Comprehensive overview of STABLECOINS — PART 3

**CRYPTO COLLATERALIZED STABLECOINS**
Instead of backing units of a stablecoin 1:1 with fiat, crypto-collateralized stablecoins hold a ratio greater than 1:1 of a cryptocurrency (or basket of cryptocurrencies) and issue units of a stablecoin supported by the cryptocurrency held.

**Pros:**
1. Does not rely on third-party custody like fiat-collateralized
2. Conducted on-chain which enables a faster increase/decrease of stable coin units and liquidity than fiat-collateralized
3. Transparent to external parties without the need for auditors
**Cons:**
1. Not capital efficient
2. Complex selection process if a basket of cryptocurrencies; questionable price stability/security if just one cryptocurrency

**Projects with this structure:**
1. Bitshares
2. MakerDAO
3. Aurora
4. Havven
5. CP Processor

**Read the full article at [Medium!](https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-part-3-f49597b30dde)**
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