Stablecoin

Stable coinsStablecoins are cryptocurrency assets havewith low volatility built into them and are useful as a trusted a medium of exchange or store of value.

IOU stable coinsstablecoins are based on a centralized model of authority. The centralized authority is relied upon to be trustworthy and centrally controls an asset and issues stable coinsstablecoins that are redeemable for that asset.

Seigniorage Shares are a form of stable coinsstablecoin that algorithmically expand and reduce the supply of coins issued on the network to maintain a stable currency price. This form of stable coinstablecoin is similar to how central banks maintain the stability of fiat currencies.

Stable coinsStablecoins that use collateralization use on-chain trustless issuance where assets are pledged by users to be used as collateral on the blockchain. Stable coinsStablecoins using collateralization are stabilized naturally through users using their knowledge overcollateralizationover-collateralization, market efficiencies, complimentary incentives, profit motives, fallback procedures, and other market basedmarket-based information to maintain price stability.

Stable coins are cryptocurrency assets have low volatility built into them and are useful as trusted a medium of exchange or store of value.

IOU stable coins are based on a centralized model of authority. The centralized authority is relied upon to be trustworthy and centrally controls an asset and issues stable coins that are redeemable for that asset.

Seigniorage Shares are a form of stable coins that algorithmically expand and reduce the supply of coins issued on the network to maintain a stable currency price. This form of stable coin is similar to how central banks maintain the stability of fiat currencies.

Stable coins that use collateralization use on-chain trustless issuance where assets are pledged by users to be used as collateral on the blockchain. Stable coins using collateralization are stabilized naturally through users using their knowledge overcollateralization, market efficiencies, complimentary incentives, profit motives, fallback procedures, and other market based information to maintain price stability.