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.


USD1 begins printing on TRON

10 hours ago 1 minute read 0 comments Keith Thuerk

USD1 begins printing on TRON   USD1 Minted on TRON Early last week TRON's governing body the TRON DAO announced they minted the very first WLFI USD1 stablecoin on TRON's blockchain. Recall, USD1 is 100% backed by short-term US Governments. Treasuries...

📰 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...

In Times of Chaos, Let’s Think About Crypto

14 Jun 2025 1 minute read 0 comments Nickspace

With the armed conflict in the Middle East, it's time to stay calm in order to make the best decisions. Let’s reflect for a moment: has a war ever completely destroyed the market? The answer is no. While there may be an initial drop due to uncertaint...

The Big Head Fake. How does Crypto Fit in?

13 Jun 2025 8 minute read 1 comment Thunderboltkid

From Fiat Settlement to Gold Settlement? Internationally? Happening right now?  Yup. What role will crypto play in all of this?   Consider the following comment below first, to understand "the BIG Headfake"  going on,  If you are an Investor in Crypt...

The stir over the GENIUS Stablecoins bill in the US has intensified

13 Jun 2025 1 minute read 0 comments Yugocean

Bill is ready for Vote      The GENIUS Stablecoins bill has received initial approval in the US Senate by a vote of 68-30. Now this bill will be presented for full Senate voting, this bill is aimed at establishing a regulatory framework for the stabl...

Stripe to acquire crypto wallet Privy

12 Jun 2025 1 minute read 0 comments Keith Thuerk

Stripe to acquire crypto wallet Privy   How much was this acquisition for? $1.1 Billion was spent to enable Stripe to dig deeper into digital finance options.   Who is Privy? Privy was started in late 2021 in New York. They are a crypto wallet infras...

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...

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

10 Jun 2025 1 minute read 0 comments Roughcore

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...

The U.S.’s Trojan Horse In The Global Currency War

10 Jun 2025 1 minute read 1 comment Myxoplixx

The global financial system stands at a crossroads, with blockchain technology poised to dismantle centuries-old monetary traditions. Amid this upheaval, the United States has undertaken a silent revolution to preserve the dollar’s iron grip: stablec...

How Stablecoins Could Supercharge U.S. Dollar Dominance

10 Jun 2025 3 minute read 0 comments Heath Muchena

Stablecoins as Strategic Infrastructure As the U.S. Congress edges closer to passing stablecoin legislation -namely the STABLE Act in the House and the GENIUS Act in the Senate - most headlines focus on regulatory clarity, consumer protections, and m...