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Stablecoins : Part 3

Image: Stevepb

Lets take a look at 6 Stablecoins.

Theter

-Pros: Easy setup and full infrastructure support and is the 5th largest cryptocurrency

-Cons: Issuing Tether without audit, No transparency

-Exchanges: Binance, OKex, Huobi

-BINANCE    TUSD/BNB, TUSD /  BTC y TUSD / ETH

TUSD is a stable currency, the value is designed to be 1 TUSD = 1 USD

TrueUSD

Pros: Guarantees ownership recognition with financial and legal institutions

Cons: Not as popular as USDT, adoption rates are lesser

Exchange: Binance, DigiFinex, Bit-Z

MakerDao

Pros: A resilient stable coin, can borrow on your own terms

Cons: Complex, have suffered some security issue in the past

Exchange: HItBTC, KuCoin, OasisDEX

Paxos

Pros: Because of it being an ERC20 token, human errors are minimized

Cons: Not many wallets are available, most of them are in beta stage.

ExchangeDigiFinex, OKex,Binance

Gemini dollar

Pros: a hybrid online-offline approval mechanism for token issuance that provides the desired level of security and flexibility

Cons: It’s a new crypto, which haven’t got the proper recognition yet.

Exchange: HitBTC, BCEX, DigiFinex

USD Coin

Pros: Can be used as a stable coin with the exact features of a crypto

Cons: Lack of Scalability and Merchant Adoption

Exchange: Poloniex, Binance, CoinBase

Sources: 
https://coincodex.com/stablecoins/
https://cryptoslate.com/cryptos/stablecoin/
https://www.blockchain.com/ru/static/pdf/StablecoinsReportFinal.pdf

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