Crypto App Factory

Stablecoins are a similar concept like cryptocurrencies, but their default value will not oscillate drastically up and down like other digital currencies present in Blockchain Technology! Their Value stays calmer like (USD, EUR, CNY or JPY) unlike other coins like Bitcoins, Ethereum, etc. Being a stable coin it doesn’t mean they are connected to a national bank or country state. Rather, they are dependent on their cryptograph and stringent reviews to ensure the hidden resource is without a doubt present and is the place it should be. Types of Stable coin 1. Fiat-Collateralized Stablecoins 2. Crypto-Collateralized Stablecoins 3. Non-Collateralized Stablecoins Crypto App Factory have very good experience on the following services: Fiat-Collateralized Stablecoins Fiat collateralized Stablecoins just backed by fiat reserves like USD, EUR, etc. Crypto-Collateralized Stablecoins These coins are backed by other reserves of cryptocurrencies. Non-Collat...

What is Stable coin? Stable coins aim to become global, fiat-free money that is programmatically issued and tracked with the use of blockchain technology.Stablecoins fall into the category of payment tokens ,whose main purposes are store of value,medium of exchange,or unit of   account.Unlike other cryptocurrencies such as Bitcoin   and ether,stablecoins by design aim to achieve stability and decrease the volatility that is frequently associated with cryptocurrency markets. The main benefits that stablecoins strive to create are price stability, scalability ,privacy, decentralization and redeemability. Stablecoins work as a bridge between the world of crypto and the world of fiat currencies. The companies use some centralized authorities that back every coin with one-to-equivalent in USD or Crypto and controls the price volatility. Types of Stable Coins: There are three Principles models used with the aim of enabling stablecoins to achieve their characteristi...