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Topic: Which one is the best stable coin? (Read 1056 times)

newbie
Activity: 61
Merit: 0
June 26, 2019, 12:24:53 PM
With the safety and transparency of financial transactions increasingly being brought into question, a new financial instrument in the form of crypto currencies, powered by blockchain technology, is attempting to address these issues. The primary aim of blockchain technology was to decentralize control and provide the utmost security of financial transactions. According to Forbes [1], in an ideal 7 world, an optimal cryptocurrency would have the following four traits: price stability, scalability, privacy and decentralization. Anchor token is designed to preserve purchasing power and steadily enhance monetary value over time.

Anchor token is a stable financial ecosystem comprised of a stablecoin cryptocurrency and a non-flationary, algorithmic index. The index is based on the sustainable, upward trend of global economic growth measuring real world value using financial indicators such as the GDP of more than 190 countries, FX indicators of a basket of 16 currencies, and premium sovereign bond yields.

Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its algorithmic index called the Monetary Measurement Unit (MMU) and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.
newbie
Activity: 4
Merit: 0
June 21, 2019, 03:59:24 PM
Anchor token is a stablecoin and is the first currency pegged to global economic growth, and hedged against market volatility and inflation.

Anchor token is structured as a dual-token system consisting of the Anchor Token, the system’s currency and payment token, and the Dock Token, a utility token that stabilizes the system.

Anchor token offers a unique solution to the core global economic issues of depreciation and volatility by providing stability and predictability. Anchor plans to achieve these objectives through two key components of the system:
1) The Monetary Measurement Unit (MMU) - a stabilization mechanism based on the two-token model,
The MMU is a financial index that represents the most accurate available measure of the global economy’s growth trend, calculated by Anchor’s proprietary algorithm utilizing financial data from more than 190 countries.
2) The Anchor Token is pegged to the MMU via the stabilization mechanism that uses the two-token model to algorithmically regulate the volume of tokens in circulation.

We are Anchored by the Global Economy!

Learn more here: https://theanchor.io

Our Bounty Campaign is now live on Bounty0x see rules below and sign up on Bounty0x in order to participate!

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hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
June 20, 2019, 11:12:21 AM
my experience of USDT can be the best stable coin at the moment. I have held hold of my assets at USDT for months and are safe when sold and the profits can also be the same as the initial capital.
coin USDT has direct support for dollar exchange so that the price of USDT is very stable and the profits you get from USDT are also very long, it is better you can buy other coins to be able to benefit easily.
full member
Activity: 812
Merit: 100
June 20, 2019, 11:05:33 AM
my experience of USDT can be the best stable coin at the moment. I have held hold of my assets at USDT for months and are safe when sold and the profits can also be the same as the initial capital.
newbie
Activity: 15
Merit: 0
June 20, 2019, 10:43:06 AM
Some companies claim to issue ‘fractionally reserved’ stablecoins, a concept where only a fraction of the deposited funds is held in reserve, while the rest is used for low-risk investments to generate returns for the issuer. This method introduces two types of risk: First, the investments can fail, leaving the issuer unable to pay back the deposited funds. Second, due to the low liquidity of the investments, the issuer might be unable to liquidate the invested funds fast enough when many investors try to cash out at the same time.

While the concept of fractional reserves might work for big commercial banks which are subject to strict financial regulation, the cryptocurrency industry is still more akin to the Wild West than to the regulated financial industry. Anchor token is a new cryptocurrency introducing a truly stable peg of value for the first time on the global crypto-market. Anchor token is modeled as a two-token systemconsisting of the Anchor token, the system’s currency and payment token, and the Dock Token, the systems utility token that is used to insure system stability
Anchor token is addressing one of the biggest issues in the global economy – how to preserve monetary value over time, stabilize the value of any given currency, lower its volatility and prevent devaluation.
Anchor token aims to solve the problem of transparency, liquidity, guarantee and trust on a global scale and thus tackle these burning issues directly, with the introduction of stability facilitated by the purchase of sovereign debt as the backing for the two-token system.
Additionally, Anchor token goes a step further than other cryptos, and proposes a solution for the systemic issue of instability in the financial markets in general. We have devised an innovative and universal monetary value measurement standard, in the form of a proprietary mathematical algorithm – the Monetary Measurement Unit (MMU).
hero member
Activity: 2170
Merit: 503
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June 18, 2019, 09:47:40 AM
USDT and USDC are very good stable altcoins because they experience little influence from the volatility of crypto currencies. so I'm sure both are very stable coins.
well, it's like seeing USD in digital form. the value is stable. however, I feel that now ETH is really stable. we know that the increase in the price of bitcoin sometimes has an effect on ETH, only now, it doesn't happen.
newbie
Activity: 28
Merit: 1
June 18, 2019, 08:17:32 AM
To succeed we should create a collateral for every coin minted, or reassure the whole world in some other way that the currency can be trusted even without the collateral. This can be USD, gold, real-world assets, smart contracts, or another form of trust which can be measured and secured with the newly created currency. But 1:1 collateral sometimes is not enough. If we choose a volatile asset as collateral, such as ETH, we need to cover all possible price drops and fluctuations.Anchor token is designed to preserve purchasing power and steadily enhance monetary value over time.

Anchor token is a stable financial ecosystem comprised of a stablecoin cryptocurrency and a non-flationary, algorithmic index. The index is based on the sustainable, upward trend of global economic growth measuring real world value using financial indicators such as the GDP of more than 190 countries, FX indicators of a basket of 16 currencies, and premium sovereign bond yields.

Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its algorithmic index called the Monetary Measurement Unit (MMU) and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.
full member
Activity: 700
Merit: 101
June 13, 2019, 08:14:30 AM
USDT and USDC are very good stable altcoins because they experience little influence from the volatility of crypto currencies. so I'm sure both are very stable coins.
sr. member
Activity: 1582
Merit: 253
June 12, 2019, 04:27:24 PM
BCH is one of the really good stablecoin to invest because in the regular intervals the development and stability is more stronger every time so investing on stable currency is always good for your future.

Bitcoin cash is not a stable coin. Tether is the best one I think, although these currencies are needed only for the group of people, for instance, those guys that come from the countries where inflation affects their life.

as far as I know, for now no coin has been said to be stable. because coin is currently experiencing a movement that sometimes rises and sometimes goes down, and it also cannot be determined as we like. because someone has already determined the coin movement.
newbie
Activity: 28
Merit: 1
June 12, 2019, 03:13:17 PM
Anchor token is a stablecoin and is the first currency pegged to global economic growth, and hedged against market volatility and inflation.

Anchor token is structured as a dual-token system consisting of the Anchor Token, the system’s currency and payment token, and the Dock Token, a utility token that stabilizes the system.

Anchor token offers a unique solution to the core global economic issues of depreciation and volatility by providing stability and predictability. Anchor token plans to achieve these objectives through two key components of the system:
1) The Monetary Measurement Unit (MMU) - a stabilization mechanism based on the two-token model,
The MMU is a financial index that represents the most accurate available measure of the global economy’s growth trend, calculated by Anchor’s proprietary algorithm utilizing financial data from more than 190 countries.
2) The Anchor Token is pegged to the MMU via the stabilization mechanism that uses the two-token model to algorithmically regulate the volume of tokens in circulation.

We are Anchored by the Global Economy!

Learn more here: https://theanchor.io

Our Bounty Campaign is now live on Bounty0x see rules below and sign up on Bounty0x in order to participate!

Here’s the link: https://beta.bounty0x.io/hosts/The%20Anchor%20Project
legendary
Activity: 2212
Merit: 1008
June 12, 2019, 02:49:06 PM
BCH is one of the really good stablecoin to invest because in the regular intervals the development and stability is more stronger every time so investing on stable currency is always good for your future.

Bitcoin cash is not a stable coin. Tether is the best one I think, although these currencies are needed only for the group of people, for instance, those guys that come from the countries where inflation affects their life.
member
Activity: 644
Merit: 10
June 11, 2019, 12:49:27 PM
#99
The fact is that stable coins must always be supported and insured by something.  In any case, if we consider them in terms of the equivalent of certain fiat currency, then such coins as USDT really have great potential.  But I would also draw attention to the cryptocurrency, which is the equivalent of the euro, because recently there are claims that the cryptocurrency is somewhat reminiscent of the euro and officials of the European Union are talking about it.
full member
Activity: 966
Merit: 111
June 11, 2019, 09:48:56 AM
#98
I have Vote for USDT. for some reason I am happy with USDT compared to other stable coins. Actually I don't have many assets in USDT, mostly in altcoin. Maybe some of the other stable coins are not much different in price. But USDT is mostly used by the crypto community.
newbie
Activity: 11
Merit: 0
June 11, 2019, 08:35:46 AM
#97
In order to ensure the proper functioning of the Anchor system at the time of and in the months following the market release, Presale purchases will be conducted in Dock Tokens, which will be redeemed for Anchor Tokens 1-for-1 after the waiting period. The reasons for this are the following:
1) Anchor token wants to ensure the stability of the system by gradually releasing, Anchor Tokens onto the market during the waiting period; and
2) Anchor token wants to reward the Presale investors, since these Dock Token purchases double the investor’s share when the Anchor Token airdrop happens.
One of the goals for the Anchor token system is for it to be governed by entities that will ensure its long-term growth and sustainability, represented by 20 Validator slots which will be allocated only to highly reputable entities (e.g. financial institutions, auditors, banks, insurance companies, universities, investment funds, etc.), while the 21st slot is reserved for the Anchor Company.
newbie
Activity: 10
Merit: 0
June 04, 2019, 03:48:13 PM
#96
We know that cryptocurrency prices vary wildly throughout the day and it poses a challenge to do business with it. Let’s look at two scenarios to make the point clear.

Say you own an eatery and you accept cryptocurrencies as payment. Now you have received crypto from one of your customers, and say he gave you 1 litecoin, which at the time was valued at $53.46. The next day you check and the value of a litecoin now is $47, so the value of the coin has depreciated the very next day and now you are facing loss.Anchor is designed to preserve purchasing power and steadily enhance monetary value over time.

Anchor token is a stable financial ecosystem comprised of a stablecoin cryptocurrency and a non-flationary, algorithmic index. The index is based on the sustainable, upward trend of global economic growth measuring real world value using financial indicators such as the GDP of more than 190 countries, FX indicators of a basket of 16 currencies, and premium sovereign bond yields.

Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its algorithmic index called the Monetary Measurement Unit (MMU) and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.
jr. member
Activity: 96
Merit: 1
June 04, 2019, 06:07:55 AM
#95
USDC, TUSD and DAI
but still USDT has the most volume
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 03, 2019, 08:33:57 PM
#94
Do think that you will be profitable with those stable coins? Cause I don't think so.
Yes, Stable coins won't be that profitable unless you have millions of it and you can measure the move with even few cents of gains. Most of the company backed up stable coins would be the most favorite coins, IMO.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
June 03, 2019, 06:11:42 PM
#93
Well I usually use USDT for trading some altcoins, it is the best stable coin for me, no need to look a new stable coins because USDT is enough.
if the cryptocurrency market reaches its maximum, then there will be no need for stable coins.  After all, precisely because of the instability of the cryptocurrency market, users are interested in stable coins.
Do think that you will be profitable with those stable coins? Cause I don't think so. We live into market volatility and we make more money because of its instability rate, making this sense will be better to look into those coins rather than of seeking stable coins which we can't actually be found.
We can't the market design and it always be unstable forever.
member
Activity: 462
Merit: 10
June 03, 2019, 01:51:40 PM
#92
Well I usually use USDT for trading some altcoins, it is the best stable coin for me, no need to look a new stable coins because USDT is enough.
if the cryptocurrency market reaches its maximum, then there will be no need for stable coins.  After all, precisely because of the instability of the cryptocurrency market, users are interested in stable coins.
If you paid your attention to the stock market or to the stock market, you probably turned your attention to the fact that any commodity has its price and under certain conditions it changes its indicators.  Thus, price fluctuations always happen a, no matter what level of the market today is reached. 
member
Activity: 448
Merit: 10
May 29, 2019, 12:59:20 PM
#91
Well I usually use USDT for trading some altcoins, it is the best stable coin for me, no need to look a new stable coins because USDT is enough.
if the cryptocurrency market reaches its maximum, then there will be no need for stable coins.  After all, precisely because of the instability of the cryptocurrency market, users are interested in stable coins.
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