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    "New Stablecoins"

    11 january 2019, 18:33

    New Stablecoins


    The popularity of steyblecoins that appeared last year is rapidly growing. Eight months later, the total capitalization of these coins will exceed the market value of Tether, analysts Skew believe.

    Experts note that the “stable coins” of USD Coin, TrueUSD, Paxos, Gemini Dollar and Dai are perceived by many users as more transparent and reliable solutions in comparison with Tether USD (USDT).

    Also, analysts expect that soon a growing number of exchanges will give preference to “new stablecocks” instead of Tether.

    However, so far the total capitalization of these coins is less than 45% of the market value of USDT. The latter is still in eighth place CoinMarketCap; Tether's current capitalization - $ 1.95 billion.

    Among the “new stablecoats” the leading positions are occupied by USD Coin (USDC) from the startup Circle.