We 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…

Crypto-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. This type of stablecoin can track the price of single crypto-assets (in which case they might be rather volatile) or baskets of crypto-assets…

People 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…

Fiat-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…

Earning 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. …

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…

What 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 last few weeks have been really busy and the effort produced some great results. Here is all the recent news: 🔗 New partners! We have partnered with important venture capitals in the sector such as Moonwhale, Oracle Investment Group, CSP DAO, Legion Ventures and, last but not least, Black Dragon. Our goal for…

Where we are and where we are headed to — The last two weeks have been crucial for the development of Stablecomp, as new disruptive scenarios emerged: The integration of Mintlayer in the roadmap The closing of the reservation for our private sale Mintlayer, a blockchain for financial markets. Built on Bitcoin. Mintlayer is a long-term, secure solution for scaling and accelerating the future of decentralized finance.