StableCoin

Stablecoins are the foundation of the cryptocurrency universe. They are designed to hold steady prices through various methods, like backing by real-world assets or using algorithms. Essentially tied to traditional currencies or precious metals, stablecoins offer a way for crypto users to sidestep the market's ups and downs.

Articles (16)

Latest
Three-Minute Quick Read: How to Build USD0, an RWA-Collateralized Stablecoin?
Intermediate

Three-Minute Quick Read: How to Build USD0, an RWA-Collateralized Stablecoin?

The problem with the traditional financial system is that customer deposit profits flow into the banks' pockets while the risks are transferred to the public. Usual chooses RWA support in the fiat-backed and algorithm-backed stablecoin race to redesign the stablecoin USD0. Considerations include choosing government bonds as the best option due to their high liquidity and safety. To ensure asset stability, the issuer must use short-term assets to collateralize the stablecoin, providing holders with a high level of security. This strategy prevents forced liquidation at a discount during mass redemptions and guards against volatility events that could reduce collateral value.
15.44
The Future of Payments
Intermediate

The Future of Payments

This article discusses the application and potential of cryptocurrency payments, particularly stablecoins, in the global payment system. It compares their advantages and disadvantages with traditional payments and mentions that the use of stablecoins is rapidly increasing, with their transaction volumes significantly surpassing those of traditional payment platforms like PayPal.
22.23
Decoding the Digital Dollar
Intermediate

Decoding the Digital Dollar

Stablecoins are becoming an important component of the global financial system, facilitating transactions and serving as a store of value. Their adoption patterns are influenced by blockchain transaction fees, highlighting their practicality in cross-border payments and DeFi applications. As stablecoins continue to develop, their significance in the global financial sector will continue to grow.
52.46
 The New Wave of Yield-bearing Stablecoins
Intermediate

The New Wave of Yield-bearing Stablecoins

Interest-paying stablecoins are one of the most sought-after yet under-developed segments in the crypto market. This article delves into various new yield-bearing stablecoins, providing a comparative analysis of their mechanisms, features, and adoption.
52.27
What’s Ethena: A Stablecoin Perspective
Intermediate

What’s Ethena: A Stablecoin Perspective

Ethena Labs' USDe stablecoin offers a new solution to the decentralization, stability, and scalability issues faced by traditional stablecoins through its unique design. This article will explore Ethena's features, compare it with traditional stablecoins, and discuss yield strategies, risks, and control measures.
40.49
Canada launches QCAD stablecoin with strong Coinbase support
Intermediate

Canada launches QCAD stablecoin with strong Coinbase support

QCAD is a stablecoin issued by Canada Stablecorp, a joint venture between 3iQ and Mavennet Systems. QCAD aims to provide a stable digital Canadian dollar solution, maintaining a 1:1 CAD value ratio through cash and equivalent reserves. It is used for payments, trading, lending, and as an on-chain forex solution and rapid transfer channel. Tetra Trust Company holds QCAD’s fiat reserves, ensuring its stability and compliance. Coinbase Assets announced adding QCAD to its listing roadmap, boosting its market position and application prospects.
31.02
 What's Innovative About PureDai, MakerDAO's New Stablecoin?
Beginner

What's Innovative About PureDai, MakerDAO's New Stablecoin?

MakerDAO has launched PureDai, a new stablecoin designed to be fully decentralized. PureDai’s key features include a floating target price, decentralized high-quality collateral, highly decentralized oracles, minimal governance, permanent positioning on the Ethereum mainnet, and simple token economics. PureDai is not guaranteed to be pegged to the U.S. dollar, but instead uses a free-floating peg that may introduce negative target interest rates in response to high demand. PureDai will also have its own governance token, with an initial supply of 2 billion, distributed through NewStable mining, used to subsidize the generation of PureDai and act as a backstop in the event of bad debt
59.25
Will the highly sought-after USDe by investors end up decoupling and becoming worthless like UST?
Beginner

Will the highly sought-after USDe by investors end up decoupling and becoming worthless like UST?

The new stablecoin project USDe has quickly emerged in the stablecoin market, increasing its total supply from zero to over $2.3 billion in just two months. Its high yield features have garnered significant attention.
19.04
USDe: Solution to the stablecoin trilemma? Or a profitable Hedge Fund model
Intermediate

USDe: Solution to the stablecoin trilemma? Or a profitable Hedge Fund model

This article provides detailed explanations and analyses regarding whether USDe has addressed the three major challenges of stablecoins, namely scalability, decentralization, and stability. It emphasizes the problems USDe aims to solve and how it intends to address them. By offering a decentralized stablecoin solution, USDe aims to achieve transparency, resist censorship, and attain independence from traditional financial systems.
17.54
Ethena: USDe's Tail Risks Analysis and Key Metrics to Monitor
Intermediate

Ethena: USDe's Tail Risks Analysis and Key Metrics to Monitor

According to Ethena Labs, "Ethena is a synthetic dollar protocol on Ethereum which aims to provide the first censorship resistant, scalable, onchain form of money: USDe". Ethena is the protocol in which the stablecoin USDe lives.
51.55
DeFi Innovation in Africa
Intermediate

DeFi Innovation in Africa

Fonbnk’s tokenization of airtime minutes and integration with mobile money services present an innovative model with the potential to expand financial services to underbanked populations in African markets.
22.45
A Deep Dive into Liquity Protocol
Intermediate

A Deep Dive into Liquity Protocol

Liquity is a decentralized lending protocol that allows users to borrow a stablecoin called LUSD (pegged to the US dollar) using Ethereum as collateral. It also introduces a fully redeemable stablecoin, LQTY. The protocol, designed by Robert Lauko, aims to offer a more capital-efficient and lower-risk alternative to existing systems like MakerDAO.
43.13
Ethena Finance & USDe
Beginner

Ethena Finance & USDe

Ethena.fi tokenises a ‘delta neutral’ carry trade on ETH by issuing a stablecoin which represents the value of the delta neutral position. Their stablecoin, USDe, also collects the carry yield - hence their claim, an internet bond providing internet native yield.
08.20
Potential Risks of USDe - Fully Collateralized Semi-Centralized Stablecoin
Intermediate

Potential Risks of USDe - Fully Collateralized Semi-Centralized Stablecoin

USDe is a fully collateralized semi-centralized stablecoin whose collateral value changes with variations in spot prices and futures position values. Ethena provides two methods: delivery contracts and perpetual contracts. The yields of the two methods are different, but both can obtain low-risk returns.
40.35
Semantics of Staking 1: Liquefaction
Advanced

Semantics of Staking 1: Liquefaction

This article mainly introduces the liquid staking structure. This article mainly introduces the liquid staking structure.
23.40
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