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.


Plasma Raises $500M in Minutes as SocGen Launches USD Stablecoin

10 Jun 2025 1 minute read 0 comments Roughcore/Purein10th

A quiet but decisive shift is underway in the stablecoin arena.   On one front, Societe Generale's crypto arm, SocGen-Forge, has introduced a USD-pegged stablecoin - USD CoinVertible (USDCV) - set to go live on Ethereum and Solana. Backed by reserv...

Tron (TRX) Updates

5 Jun 2025 1 minute read 1 comment Keith Thuerk

Tron (TRX) Updates You are probably aware that Tron was the Premier sponsor last week in Vegas at Bitcoin Vegas 2025. The purpose of the sponsorship was to increase the visibility of crypto and demonstrate the blending of crypto and traditional finan...

Rejecting Ripple, Circle’s Big Bet

7 May 2025 2 minute read 2 comments Myxoplixx

In a bold move that highlights its confidence in independent growth, Circle Internet Financial, the issuer of the $61 billion USDC stablecoin, recently rejected a $4 to $5 billion acquisition offer from Ripple Labs, the blockchain payments company be...

Stable coin Marketcap tops $50 billion

5 Mar 2021 2 minute read 4 comments FKlivestolearn

Pegged to a reserve asset such as the US dollar, gold, or other fiat currency, usage of these digital coins has grown exponentially Figure 1 Stable coins are uniquely positioned in the transitioning financial ecosystem to act as a bridge between the...

Stablecoins and the New Era of Financial Innovation

2 Sep 2024 3 minute read 1 comment NOWNodes

Stablecoins have become essential in the cryptocurrency world, offering the stability of traditional currencies along with the advantages of blockchain technology. As the crypto market grows, stable digital currency helps users and developers manage...

How Djed Works: Cardano's Algorithmic Stable (Ada And Shen)

23 Feb 2023 3 minute read 4 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

I'm not a fan of Cardano, however I tried to study the functioning of its algorithmic stable Djed.Even if little used, there are 3 stablecoin on Cardano, 2 of which are active. Ausd is an overcollateralized algorithmic stablecoin, Usda is collaterali...

DAI Token Integrated For Tipping on Publish0x

3 Jun 2019 1 minute read 81 comments Dan Bainbridge

Today we are super excited to integrate our 3rd token for tipping - DAI . The eth based stable coin created by the Maker DAO project smart contract. It's important to note that this is NOT a "sponsorship". We haven't taken any payment from MakerDAO o...

Exclusive Interview with the Co-Founders of AURU.M and QELT: STO Meets Gold Reserves

18 Jun 2024 4 minute read 1 comment normbond

I had a great time speaking with Phil Ryan and Oliver Moorhouse, co-founders of AURU.M and Quantum Enhanced Ledger Technology (QELT). As AURU.M prepares for its 1 July launch, backed by physical gold reserves and powered by advanced ledger technology...

📰 3 Hot Crypto News You Should Know This Week (Short & Simple)

15 Jun 2025 1 minute read 0 comments Cloudy12

By Crypto Hustle NG Hey everyone! I’ve been watching how some crypto posts on Publish0x go viral — especially the ones sharing current updates. So I thought, why not give it a try but make it short, simple, and human-friendly?Here are three big thing...

US Senate Approves Stablecoin Bill

11 Jun 2025 1 minute read 0 comments Talha.Khalid

The Senate voted today to invoke the closure of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The cloture motion, which received 68 votes in favor and 30 against, thus obtaining approval, is a procedural measure...