{"id":2535,"date":"2019-09-01T16:18:53","date_gmt":"2019-09-01T04:18:53","guid":{"rendered":"http:\/\/www.talkcrypto.org\/blog\/?p=2535"},"modified":"2019-09-06T16:42:06","modified_gmt":"2019-09-06T04:42:06","slug":"stablecoin-interesting-facts","status":"publish","type":"post","link":"https:\/\/www.talkcrypto.org\/blog\/2019\/09\/01\/stablecoin-interesting-facts\/","title":{"rendered":"Stablecoin Interesting Facts"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Platforms<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Based on <a href=\"https:\/\/cryptoslate.com\/cryptos\/stablecoin\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Cryptoslate (opens in a new tab)\">Cryptoslate<\/a>, 65% of all stable coins run on the Ethereum blockchain. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"663\" src=\"https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/stablecoins-1024x663.png\" alt=\"\" class=\"wp-image-2537\" srcset=\"https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/stablecoins-1024x663.png 1024w, https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/stablecoins-300x194.png 300w, https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/stablecoins-768x497.png 768w, https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/stablecoins.png 1725w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">It shouldn&#8217;t be surprising because it is far easier to launch a stablecoin on Ethereum than on other blockchains.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How stable are stablecoins?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">According to <a href=\"https:\/\/stablecoinindex.com\">The Stablecoin Index<\/a>, most are pretty close to $1 &#8220;most&#8221; of the time. The screenshot below shows the deviation in the past week which, ignoring the upper and lower extremes, ranges from 1.008 to 0.9971. That is pretty good. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"315\" src=\"https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/Screen-Shot-2019-09-04-at-12.19.14-pm-1024x315.png\" alt=\"\" class=\"wp-image-2538\" srcset=\"https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/Screen-Shot-2019-09-04-at-12.19.14-pm-1024x315.png 1024w, https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/Screen-Shot-2019-09-04-at-12.19.14-pm-300x92.png 300w, https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/Screen-Shot-2019-09-04-at-12.19.14-pm-768x236.png 768w, https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/Screen-Shot-2019-09-04-at-12.19.14-pm.png 1203w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Stablecoin Timeline<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here is a brief timeline of the birth of various stablecoins.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Tether &#8211; Launched in July 2014 as Realcoin before changing their name to Tether in <a rel=\"noreferrer noopener\" aria-label=\"Nov 2014 (opens in a new tab)\" href=\"https:\/\/www.coindesk.com\/realcoin-relaunches-tether-avoid-altcoin-association\" target=\"_blank\">Nov 2014<\/a>.<\/li><li>Nu (Nubits.com), September 2014. Currently trading at <a rel=\"noreferrer noopener\" aria-label=\"$0.087 (opens in a new tab)\" href=\"https:\/\/coinmarketcap.com\/currencies\/nubits\/\" target=\"_blank\">$0.087<\/a>. <a rel=\"noreferrer noopener\" aria-label=\"Failed (opens in a new tab)\" href=\"https:\/\/futurism.com\/sponsored-the-end-of-a-stablecoin-the-case-of-nubits\" target=\"_blank\">Failed<\/a>.<\/li><li><a rel=\"noreferrer noopener\" aria-label=\"Corion (opens in a new tab)\" href=\"https:\/\/www.corion.io\" target=\"_blank\">Corion<\/a> October 2017<\/li><li>MakerDAO, Dec 2017<\/li><li>TrueUSD, <a rel=\"noreferrer noopener\" aria-label=\"Mar 2018 (opens in a new tab)\" href=\"https:\/\/www.coindesk.com\/a-top-20-crypto-exchange-is-replacing-tether-with-a-rival-stablecoin\" target=\"_blank\">Mar 2018<\/a>, <\/li><li>CarbonUSD, Sep 2018, first on EOS<\/li><li>Gemini Dollar, Oct 2018<\/li><li>USD Coin, <a rel=\"noreferrer noopener\" aria-label=\"Oct 2018 (opens in a new tab)\" href=\"https:\/\/medium.com\/centre-blog\/centre-stablecoin-network-is-open-for-business-5afb3e8a3fcd\" target=\"_blank\">Oct 2018<\/a> , <a rel=\"noreferrer noopener\" aria-label=\"Sep 26 2018 (opens in a new tab)\" href=\"https:\/\/cryptonews.com\/coins\/usd-coin\/\" target=\"_blank\">Sep 26 2018<\/a>, (From CENTER with founding members of Circle and Coinbase)<\/li><li>Paxo, Oct 2018<\/li><li>Alchemint, Sep 2018<\/li><li><a rel=\"noreferrer noopener\" aria-label=\"HonestCoin (opens in a new tab)\" href=\"https:\/\/www.honestcoin.io\" target=\"_blank\">HonestCoin<\/a>, USDH, Bitcoin Cash Network , Jun 2019, (https:\/\/news.bitcoin.com\/honestnode-founder-discusses-the-first-stablecoin-built-on-bitcoin-cash\/)<\/li><\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Platforms Based on Cryptoslate, 65% of all stable coins run<\/p>\n","protected":false},"author":1,"featured_media":2540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain"],"featured_image_urls":{"full":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false],"thumbnail":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance-150x112.jpg",150,112,true],"medium":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false],"medium_large":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false],"large":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false],"1536x1536":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false],"2048x2048":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false],"chromenews-featured":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false],"chromenews-large":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false],"chromenews-medium":["https:\/\/www.talkcrypto.org\/blog\/wp-content\/uploads\/2019\/09\/bitcoinbalance.jpg",194,112,false]},"author_info":{"info":["seandotau"]},"category_info":"<a href=\"https:\/\/www.talkcrypto.org\/blog\/category\/blockchain\/\" rel=\"category tag\">Blockchain<\/a>","tag_info":"Blockchain","comment_count":"0","_links":{"self":[{"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/posts\/2535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/comments?post=2535"}],"version-history":[{"count":3,"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/posts\/2535\/revisions"}],"predecessor-version":[{"id":2547,"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/posts\/2535\/revisions\/2547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/media\/2540"}],"wp:attachment":[{"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/media?parent=2535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/categories?post=2535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.talkcrypto.org\/blog\/wp-json\/wp\/v2\/tags?post=2535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}