Stablecoin
Jump to navigation
Jump to search
Stablecoin is a cryptocurrency that is pegged to, or interchangeable with the value of an asset like gold or fiat currency.
History
The first stablecoin was Tether - originally called "Realcoin" - which launched in 2014. [1]
Classification of stablecoins
In general, stablecoins can be classified in three categories: off-chain collateralized, on-chain collateralized, and algorithmic. [2]
Off-chain collateralized stablecoins
On-chain collateralized stablecoins
Algorithmic stablecoins
Jax coin as a stablecoin
K-coefficient adjustment
Stablecoin adoption
External links
- Stablecoin. Crypto Markets Wiki.
- Are stablecoins the future of crypto? In Jax.network blog on Medium.
References
- ↑ Nermin Hajdarbegovic. Brock Pierce Announces Dollar-backed Cryptocurrency 'Realcoin'. Coindesk.
- ↑ Algorithmic Stablecoins. Bitcoin Suisse.