{"id":1725,"date":"2019-04-26T02:24:00","date_gmt":"2019-04-25T18:24:00","guid":{"rendered":"https:\/\/www.coincola.com\/blog\/?p=1725"},"modified":"2019-06-11T17:15:59","modified_gmt":"2019-06-11T09:15:59","slug":"6-stablecoins-you-should-to-invest-in-2019","status":"publish","type":"post","link":"\/blog\/6-stablecoins-you-should-to-invest-in-2019\/","title":{"rendered":"6 Stablecoins You Should to Invest in 2019"},"content":{"rendered":"\r\n
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If you follow the crypto space, you\u2019ve likely heard about Gemini USD (GUSD): the first regulated stable coin planned and managed by the Winklevoss twins and their team from Gemini Exchange.<\/p>\r\n\r\n\r\n\r\n

The token has a number of things going for it. It\u2019s issued by a New York trust company called Gemini Trust Company, which means that it\u2019s regulation compliant. It\u2019s strictly pegged to the US dollar, with funds being held in a regularly audited bank account.<\/p>\r\n\r\n\r\n\r\n

Digitally, the token is ERC20 compliant – which means that it uses the Ethereum blockchain and programming language, making it easy to audit and manage.<\/p>\r\n\r\n\r\n\r\n

But how does GUSD measure up against other stablecoins? <\/em><\/h3>\r\n\r\n\r\n\r\n

While there may not be a clear-cut answer to that question, we\u2019ve looked at competing tokens and posted what we discovered below. Read on to learn about other coins\u2019 stability mechanisms, day-to-day volatility,<\/p>\r\n

BONUS1:<\/strong>\u00a0<\/span>CoinCola Now Allows You To\u00a0Buy Bitcoin With A Gift Card<\/a>\u00a0And Provide\u00a0$5 BTC Bonus<\/a>!<\/p>\r\n

\"Bitcoin<\/a><\/p>\r\n\r\n\r\n\r\n

Tether – USDT<\/strong><\/h2>\r\n\r\n\r\n\r\n
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Tether is a project that many view as a Bitfinex spin-off. Many core team members run both companies – and Bitfinex was one of the first places to trade USDT tokens.<\/p>\r\n\r\n\r\n\r\n

As of today, Tether has a massive market capitalization of over $2.6 billion. It\u2019s also accepted by most exchanges, including CoinCola. It\u2019s highly stable, with variance rarely exceeding 1 or 2 cents, and it has the public\u2019s trust.<\/p>\r\n\r\n\r\n\r\n

Unfortunately, Tether has been known to be weak on transparency. Some people have speculated they don\u2019t have the funds they claim<\/a> – and though there\u2019s no evidence to that, Tether have not made meaningful efforts to help external auditors prove the reverse.<\/p>\r\n\r\n\r\n\r\n

While this is neither here nor there, it\u2019s worth considering if you want to hold USDT in the long run.<\/p>\r\n\r\n\r\n\r\n

True USD –\u00a0TUSD<\/strong><\/h2>\r\n\r\n\r\n\r\n
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True USD is a new project. Despite this, it has a very respectable market cap of over $200 million<\/a>.<\/p>\r\n\r\n\r\n\r\n

TUSD is notable for making a real effort to be transparent and fair. Their funds are backed by USD at a 1:1 ratio; they use third-party audits to provide transparency; they make their account details public to reassure investors and coin users.<\/p>\r\n\r\n\r\n\r\n

One interesting thing is that TUSD doesn\u2019t actually hold users\u2019 funds. Instead, they use an escrow system to hold them on behalf of their customers. This drastically reduces the odds of funds getting mismanaged or lost – and gives ease of mind.<\/p>\r\n\r\n\r\n\r\n

Dai –\u00a0DAI<\/strong><\/h2>\r\n\r\n\r\n\r\n
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DAI is a different kind of stablecoin. For starters, it is not backed by real-life USD holdings. Instead, it uses Ethereum tokens given by users for collateral. This begs the question of how a $1 price is maintained – and the answer is simple.<\/p>\r\n\r\n\r\n\r\n

Ethereum is the world\u2019s foremost smart contract platfrom. With the DAI currency, a series of smart contracts are used to peg prices to the USD. If prices go up, this mechanism brings them back down – and vice versa.<\/p>\r\n\r\n\r\n\r\n

Perhaps due to this relatively complex process, DAI can be a little more volatile than other stablecoins. Its daily volatility has been gone to go as high as 7-8%. That might not seem like a big deal, but getting $0.92 on your $1 DAI isn\u2019t great.<\/p>\r\n\r\n\r\n\r\n

DAI has one of the bigger stablecoin market caps: $85 million<\/a>, with a daily trading volume of around $20 million. Although it can be volatile, it certainly has the trust and support of a lot of people.<\/p>\r\n\r\n\r\n\r\n

PAXOS – PAX<\/strong><\/h2>\r\n\r\n\r\n\r\n
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PAX is a young stablecoin that came out in late 2018. It\u2019s also extremely popular, with over $5 billion of transactions processed in its first 3 months<\/a> and a market cap of $111 million<\/a>.<\/p>\r\n\r\n\r\n\r\n

While not as legally sound as the new GUSD, one of PAX\u2019s main draws is regulatory compliance. Its holding company has a charter from the New York State Department of Financial Services, which means it can legally offer financial services in the crypto space.<\/p>\r\n\r\n\r\n\r\n

Furthermore, PAX is one of the most stable tokens out there. Variance trends towards 0%, which means that PAX is reliably worth $1 – or very close thereto. No wonder its market cap grew so quickly!<\/p>\r\n\r\n\r\n\r\n

Gemini Dollar – GUSD<\/strong><\/h2>\r\n\r\n\r\n\r\n
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It\u2019s early to tell how the GUSD will measure up against other coins. At the same time, the quality of the project is readily apparent – and many believe it will take over Tether\u2019s #1 spot in the space.<\/p>\r\n\r\n\r\n\r\n

Here at CoinCola, we believe in GUSD\u2019s proven management, outstanding regulatory compliance, and auditing mechanisms.<\/p>\r\n\r\n\r\n\r\n

That\u2019s why we\u2019re happy to offer an unprecedented, time-limited offer for our users. To onboard as many people as possible onto GUSD, we\u2019re giving buyers and sellers discounted commission rates: [deal details].<\/p>\r\n\r\n\r\n\r\n

To get involved now, just go to coincola.com and start buying Gemini USD<\/a> today.<\/p>\r\n\r\n\r\n\r\n

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BONUS2:<\/span>\u00a0<\/strong>Get 0.0001BTC<\/a>\u00a0Instantly After You\u00a0Make Your First Crypto Trading<\/a>\u00a0On CoinCola!<\/p>\r\n

\"$5<\/a><\/p>\r\n<\/div>\r\n

Follow CoinCola on Social Media<\/strong><\/h3>\r\n

Twitter: https:\/\/twitter.com\/CoinCola_Global<\/a>
Facebook: https:\/\/www.facebook.com\/CoinCola\/<\/a>
Instagram: https:\/\/www.instagram.com\/CoinCola\/<\/a>
LinkedIn: https:\/\/www.linkedin.com\/company\/coincola\/<\/a><\/p>\r\n

About CoinCola<\/strong><\/h3>\r\n

Founded in 2016, CoinCola is a Hong Kong based company offering both over-the-counter<\/a> cryptocurrency trading and crypto-to-crypto pair trading exchange<\/a>. CoinCola now serves millions of users from over 150 countries with our fast, secure, and reliable trading services. We support BTC, ETH, BCH, LTC, USDT, DASH, and XRP. Visit www.coincola.com<\/a> to invest in digital assets.<\/p>\r\n

Disclaimer: Trading and investing in cryptocurrencies, also called digital currencies, crypto assets, and so on) involves substantial risk of loss. All informations are used at your own risk, and any content on this site should not be relied upon as advice or construed as providing recommendation of any kind.\u00a0<\/em><\/p>\r\n<\/figure>\r\n<\/figure>\r\n<\/figure>\r\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":12,"featured_media":1727,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"categories":[87],"tags":[207,203,209,208],"yoast_head":"\n6 Stablecoins You Should to Invest in 2019 - CoinCola Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coincola.com\/blog\/6-stablecoins-you-should-to-invest-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"6 Stablecoins You Should to Invest in 2019 - CoinCola Blog\" \/>\n<meta property=\"og:url\" content=\"\/blog\/6-stablecoins-you-should-to-invest-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinCola Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CoinColaGlobal\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-25T18:24:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-11T09:15:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coincola.com\/blog\/wp-content\/uploads\/2019\/04\/qre-blog-stablecoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"January\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CoinCola_Global\" \/>\n<meta name=\"twitter:site\" content=\"@CoinCola_Global\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"January\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"5\u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"\/blog\/6-stablecoins-you-should-to-invest-in-2019\/\",\"url\":\"https:\/\/www.coincola.com\/blog\/6-stablecoins-you-should-to-invest-in-2019\/\",\"name\":\"6 Stablecoins You Should to Invest in 2019 - CoinCola Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/#website\"},\"datePublished\":\"2019-04-25T18:24:00+00:00\",\"dateModified\":\"2019-06-11T09:15:59+00:00\",\"author\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/6dcc2d959cf696f451f1ca8dfa54494b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/6-stablecoins-you-should-to-invest-in-2019\/#breadcrumb\"},\"inLanguage\":\"zh-CN\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.coincola.com\/blog\/6-stablecoins-you-should-to-invest-in-2019\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.coincola.com\/blog\/6-stablecoins-you-should-to-invest-in-2019\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.coincola.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"6 Stablecoins You Should to Invest in 2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#website\",\"url\":\"https:\/\/www.coincola.com\/blog\/\",\"name\":\"CoinCola Blog\",\"description\":\"Buy and Sell Bitcoin\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.coincola.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"zh-CN\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/6dcc2d959cf696f451f1ca8dfa54494b\",\"name\":\"January\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-CN\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/37f0f8d44bd541ca0a57797bea700179?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/37f0f8d44bd541ca0a57797bea700179?s=96&d=mm&r=g\",\"caption\":\"January\"},\"description\":\"Yo, I'm all about that sweet spot where finance and tech collide. 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