Oct 21The stablecoins of DeFi protocolsThe innovative decentralized DAI and MIM stablecoins have demonstrated that the market has an appetite for new cryptocurrencies with novel approaches to providing an asset with an intended stable fiat value. Now two players in the DeFi world aim to push the evolution of stablecoins another step forward. Two protocols…2 min read2 min read
Oct 11Do we need more new stablecoins?Complex systems that might be prone to instability and unpredictability can remain more stable if they are built on a stable base. The US dollar has been at the base of the Western world’s economy for decades, allowing a greater degree of continuity from day to day and year to…2 min read2 min read
Mar 3Understanding USDT — The Most Widely Adopted StablecoinWhat is USDT? USDT is the stablecoin equivalent of a US dollar. Tether works to change the financial world through a modern and digital approach to money. Tether’s USDT tokens give holders the ability to store value and transact wih an asset that is less volatile than digital currencies and…Stable Coin2 min readStable Coin2 min read
Feb 2Algorithmic StablecoinsWe have looked at various types of Stablecoins in our series of articles, fiat-backed, crypto-backed, and commodities backed. There is another class of stablecoins that is very different. Algorithmic stablecoins use smart contracts to follow algorithms that are designed to manage the supply of a stablecoin to maintain a peg…Stable Coin2 min readStable Coin2 min read
Dec 8, 2021Stablecoins collateralized by CryptocurrenciesCrypto-backed stablecoins are typically backed by cryptocurrencies with large market capitalization values such as Bitcoin or Ethereum. Often, crypto-backed stablecoins are backed by a mix of cryptocurrencies. …Stablecoin Cryptocurrency2 min readStablecoin Cryptocurrency2 min read
Dec 1, 2021Stablecoins collateralized by commoditiesPeople sometimes search for security and stability when managing their assets. Some assets offer the possibility of appreciation, but they can be volatile, offering a risk of depreciation as well. Fiat currency of nations with relatively stable economies is often viewed as a “safe” asset. But throughout history, stable currencies…Stable Coin3 min readStable Coin3 min read
Nov 24, 2021Stablecoins That Are Collateralized With Fiat CurrencyFiat-backed stablecoins are legal money-backed crypto currency tokens. They are the most common type of stablecoin. For a token to be fiat-backed, a company or central entity must manage fiat currency reserves and issue a corresponding amount of tokens in the crypto market. The company is the custodian of fiat…Stablecoins2 min readStablecoins2 min read
Nov 23, 2021Stablecomp Closes its Seed Funding Round at $1.8 millionEarning the attention and support of industry experts and accumulating the appropriate resources is essential to create a quality product. A few weeks ago Stablecomp began to recruit partners and supporters with a seed funding round. …Stablecoin Cryptocurrency2 min readStablecoin Cryptocurrency2 min read
Nov 17, 2021What Are Stablecoins?A Stablecoin is a type of cryptocurrency that is designed to maintain a stable market price. Stabelcoins offer a refuge from market volatility and periods of uncertainty without requiring cryptocurrency holders to convert their holdings to fiat currency. They were initially created to allow more efficient exchange of digital assets…Stablecoins2 min readStablecoins2 min read
Nov 15, 2021ZenX is accelerating StablecompWhat is ZenX? ZenX is a CeDeFi incubator that supports decentralized projects, empowering their growth with technical expertise and growth management — as well as assuring its full compliance. On the decentralized side, there’s autonomy, transparency, self-sovereignty, and connection. The centralized approach entails AML and KYC compliance that assures the positive impact of…Stable Coin2 min readStable Coin2 min read
