The stable coins

In today’s crypto world, a few tokens are said stable. that means stable regarding a specific asset, like fiat or even BTC. Here is a compiled list of a few, with information on the way they are backed and audited. sources: https://en.wikipedia.org/wiki/Stablecoin Types of stable coins πŸ’΅ fiat based πŸͺ™ crypto curr based πŸ‘‘ Seigniorage Style Stablecoins (also called algorithmic or synthetic) List name symbol backed how? audit USD Coin USDC πŸ’΅ Grant Thornton, LLP 2021 Tether USDT πŸ’΅ FSS 2018 2021 Binance dollar BUSD πŸ’΅ Withum 2021 Gemini dollar GUSD πŸ’΅ bpmca 2021 Maker DAO dai DAI πŸͺ™ 300% smart contracts True USD TUSD πŸ’΅ armanino 2021 StableUnit SU πŸͺ™ smart contracts Paxos standard PAX πŸ’΅ Withum 2021 Terra UST πŸ‘‘ smart contracts Ampleforth AMPL πŸ‘‘ smart contracts Augmint A-EUR πŸ‘‘ smart contracts Frax FRAX πŸͺ™ πŸ‘‘ smart contracts sUSD sUSD πŸͺ™ πŸ‘‘ smart contracts mStable mUSD πŸͺ™ πŸ‘‘ smart contracts Fei FEI πŸͺ™ πŸ‘‘ smart contracts Stability and risk The criterias to evaluate the different platforms and protocols would be among the following:...

May 3, 2021 Β· 2 min Β· Me