Stable Value Coins

in #cryptocurrency • 7 years ago (edited)

Once platforms like prism iconomi and melon get up and running I think there will be a large need for stable value coins.

There are a few now but I expect more completion here. Eventually it will be the commercial paper of crypto

  1. sbd - our own backed by steem
  2. tether - the largest backed by reserves at a central party
  3. Bitshares - usd. I don't know much about this. I don't even know it's name but I think they have one that is backed by Bitshares rather than steem.
  4. Corion - this is the new one that focuses on variable inflation to hold the price.

I dont know if any of these will last. Corion has not even launched yet! A stable value coin would be nice though.

Are there any more out there?

#sbd #tether #blockchain #corion
7 years ago in #cryptocurrency by
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     7 years ago  

    These will be important for the transition from Fiat, but long term, as market cap increases, hopefully there are currencies that are stable due to large cap.

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