A complete A-Z of Stablecoins

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<p><strong>  Stablecoins have proliferated this year, so much so that it was difficult to keep track of them. In an attempt to remedy this, news.Bitcoin.com has compiled a list of all currently negotiable stablecoins, as well as many others that are coming. This is the last A-Z of stablecoins. For now, at least. </strong></p>
<p><em><strong>  Read also: </strong><span style= An in-depth analysis of the Stablecoin trend of the economy of cryptocurrency

B is for Basis

  A Complete AZ of Stablecoins Basis formerly known like Basecoin, it is the coolest new stablecoin in the city. Investment by all the usual cryptographers is attracted and intends to join the US dollar through an algorithm-adjusted offering. This essentially means that when the demand increases, more Basis will be created, and when it falls, others will be repossessed. This expanding and contracted offer should help Basis maintain its anchor.

B is for Bitusd

Bitusd is an old stablecoin now, and is starting to falter. Most of its trade takes place in the Bitshares power plant, where it has been designed to operate, although it is also available on Openledger DEX. While it would be in fact the truth to call Bitusd a stable "stable" these days, it still works. Just.

  A complete AZ of Stablecoins

C is for Carbon

Carbon uses an adjusted supply for the demand-based algorithm to maintain parity with the US dollar, a little bit. as Basis. Will it work? We will have to wait and see.

C is for CK USD

Little is known about CK USD, whose team is as mysterious as the operation of its stablecoin. Coinmarketcap has no data regarding its total current offering, but reports an incredible 24-hour volume of $ 137 million on BCEX and Allcoin. Whatever the CK USD, it seems to work.

  A complete AZ of Stablecoins

D is for Dai

Dai, created using the Maker Dao has a market capitalization 1/20 the size of Tether, but is a stablecoin on the upside , while strictly adhering to his obligatory dollar peg. What is missing from Dai in terms of market capitalization is offset by transparency. While there are concerns about the possibility that Dai's collateral-based Ethereum resources are inadequate to maintain the dollar peg during extreme market volatility, the stablecoin has worked faithfully until now.

  A Complete AZ of Stablecoins

H is is for Havven

Havven has two stablecoins: nusd and eusd, the second a coin with a dollar base of Ethereum, while the n in the first stands for nomins , the Havven unit of account. Havven stablecoins are mainly usable within their ecosystem, so do not expect to see this pair replacing Tether at any time, even if there is an EOS version of nusd being worked on.

K is for Kowala

Kowala [19659008] (KUSD) has yet to be unleashed, but great things are expected from this much awaited token. A good stablecoin is like a good immune system: you only appreciate the work you were doing when it failed. The measure of the success of each stablecoin is its ability to hold on, like a dollar, to the American dollar through thick and thin.

N is for Nubits

Nubits is a failed stablecoin, and is included here as an example of what can happen when stablecoins fail. It is currently trading on Upbit and Bittrex for $ 0.15. Despite the miserable failure to keep his US dollar, which he left in January, Nubits is still performing better than most ICO tokens this year.

  A complete AZ of Stablecoins

R is for Rockz

"The world's most bulletproof cryptocurrency", Rockz is a Swiss stablecoin that will be launched soon. Unusually, it is entering the world through an ICO. Rockz may not promise the moon, but if his token can remain solid with the US dollar, he will have done his job.

  A Complete AZ of Stablecoins
Rockz claims to outperform other stablecoins.

S is for Stably

All the fantastic guys (mostly VC funds) are investing in stablecoin right now. Stably raised $ 500,000 at the start of this year before its launch on the Ethereum and Stellar blockchains. Each Stably currency in USD will be backed by a corresponding cash reserve.

S is for Steem Dollars

Dan Larimer is greeted by his acolytes as a visionary. The only problem is that once he has had cold feet and moved to better things, the projects he left have a tendency to falter. Like Bitusd, the Steem Dollars resembles only one US dollar in the vaguest sense of the day. Someone needs to invent a term for a coin that is no longer technically a stablecoin. Unstablecoin? Fablecoin? Yes, let's go with fablecoin: a token whose promise of parity with the US dollar proves to be nothing but fabulous fiction.

  A Complete AZ of Stablecoins

T is for Tether

Available on the Omni blockchain and also as an ERC20 token, Tether is the father of stablecoins. Presumably supported by real dollar deposits, the stablecoin maintains a fairly tight parity with its $ 1 peg. While a controversial stablecoin, largely due to the failure to carry out a full financial audit by its creators, the capital cap $ 2.8 billion of Tether makes it bigger than all but seven cryptocurrencies. But is it too big to fail? For now, at least, Tether seems to work, even if his dollar peg is kept more out of belief than anything else.

  A Complete AZ of Stablecoins

Tis for Trueusd

Trust Token & # 39; s [19659008] Trueusd is backed by secured dollar assets held in escrow accounts. In this regard, the Trueusd model is similar to Tether, but with greater transparency. With Binance, Bittrex and Zebpay in India adopting Trueusd, the star of this stablecoin is on the rise.

  A Complete AZ of Stablecoins

U is for USD-C

Circle is reportedly working alone stablecoin, which should first see life on the Poloniex exchange, now under the management of Circle. Little is known of USD-C, as the stablecoin has been called, but it will operate on the Ethereum network and will naturally be pegged to the US dollar.

U is for Usdvault

As we explained [19659008] at the beginning of this week, Usdvault is guaranteed by "gold bars that are said to be kept in Swiss vaults. 19659008] of the Vault argue that the stable currency will be based on a 1: 1 price ratio in USD, but the 1: 1 value of the resource is essentially backed by precious metals located in Switzerland ".

enough time, most of these stablecoins, like most cryptocurrencies in general, are likely to fail. For now, at least, those that are exchangeable (with the exception of Nubits), seem to work, give or take. As the saying goes, "Every port in a storm", and in capricious crypto markets, the stablecoins were welcomed by all those who sought refuge in them.

Have we lost the stablecoins? Let us know in the comments section below.


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