Stablecoin

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A stablecoin is a digital token that is pegged to a certain value, usually in a 1:1 ratio with a fiat currency like the US dollar. For example, the USD Coin (USDC) launched by Coinbase is backed by US Dollars in a 1:1 ratio. Most stablecoins in reality deviate from the $1 position ever so slightly, 

Most stablecoins are pegged to a fiat currency, with the US Dollar being a popular choice. However, some stablecoin ventures distinguish themselves by backing their stablecoins with other assets. 

An example of this kind of stablecoin is the well known MakerDAO ecosystem, which is a stablecoin ecosystem that consists of two tokens: the stablecoin DAI and the governance/utility token MKR. The stablecoins are backed by Collateralized Debt Positions which demand Ether as collateral. There is a complex mechanism in place to ensure that the token does not deviate from the $1 value.

Stablecoins have been ascending in popularity in discussion in 2019. This is largely because there is some consensus in the idea that stablecoins are effective in combating the volatility of the market. Since the value of these tokens remain stable, investors who use stablecoins do not have to worry as much about bear markets, and can use these tokens to make investments during these bear markets to gain profit.

As most stablecoins are pegged to fiat currency, there has been scrutiny on the finances of stablecoin issuers, who must confirm that they possess the reserves to back the total value of stablecoins. This increased scrutiny has led to calls for more audits and better transparency.


Binance Wrote Code for Trump-Backed USD1 Stablecoin

12 Jul 2025 1 minute read 0 comments cryptogod-1

Good day everyone, I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at how Binance helped develop code for the Trmp-backed stablecoin USD1 before the presidential pardon request...

$1 Trillion Stablecoin Market?

9 Jul 2025 2 minute read 2 comments cryptogod-1

Good day everyone, I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at a prediction of a potential $1 Trillion Stablecoin market, which comes at an appropriate time given Publish...

Chainlink, Compliance, And The $250B Stablecoin Revolution: How The GENIUS Act Is Rewiring Global Finance

19 Jun 2025 2 minute read 1 comment Myxoplixx

The recent passage of the GENIUS Act by the U.S. Senate marks a turning point for stablecoins and the broader digital asset market. This new law is the first major federal regulation specifically targeting stablecoins, which are digital currencies pe...

The $2 Trillion Stablecoin Race: Why Amazon and Walmart Are Getting in Now

21 Jun 2025 3 minute read 1 comment FKlivestolearn

How America’s largest retailers could disrupt banking and payments with digital dollars. In a move that could upend the foundations of both the retail and financial sectors, Amazon and Walmart are reportedly in early discussions to launch their own U...

The $2 Trillion Stablecoin Race: Why Amazon and Walmart Are Getting in Now

19 Jun 2025 3 minute read 0 comments FKlivestolearn

How America’s largest retailers could disrupt banking and payments with digital dollars. In a move that could upend the foundations of both the retail and financial sectors, Amazon and Walmart are reportedly in early discussions to launch their own U...

Citigroup Plan Stablecoin Offering

16 Jul 2025 1 minute read 1 comment cryptogod-1

Good day everyone, I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at how Citigroup are planning to offer their own Stablecoin.     Citigroup Plan Stablecoin Offering The Citigr...

TRON gets greenlight to go Public

17 Jun 2025 1 minute read 0 comments Keith Thuerk

TRON gets greenlight to go Public   The famous PINK Newspaper FT (Financial Times) has reported that TRON will be going public.  This comes only four (4) months after US Regulators dropped their probe into firms run by Justin Sun.    TRONs route to g...

Is the U.S. Dollar Poised for a Digital Rebound?

9 Jul 2025 4 minute read 0 comments FKlivestolearn

As global demand for the U.S. dollar shrinks, stablecoins pegged to the Greenback may offer Washington a powerful new tool for financial dominance.  The U.S. dollar (USD), long heralded as the world’s preeminent reserve currency, has seen its global...

Visa’s Crypto Mandate: The Institutional Domino Effect Begins

20 Jun 2025 2 minute read 0 comments Myxoplixx

In a move that’s shaking up the financial world, Visa has just mandated a crypto strategy across its enormous $16 trillion payment network, signaling that digital assets are no longer the fringe experiment many once thought. This isn’t just a tech up...

Crypto Finds Its Lanes: Bitcoin, Ethereum, And Stablecoins Redefine The Market

10 Jul 2025 2 minute read 0 comments Myxoplixx

There’s a major shift happening in how money moves through the crypto world, and it’s changing the way people and companies think about digital assets. For the first time ever, Ethereum’s futures trading volume has passed Bitcoin’s, with 62.1 billion...