stablecoin development

Things to ponder for stablecoin development

Despite the potential of cryptocurrencies, they are unable to gain mainstream adoption due to their volatile nature. The fluctuations in cryptocurrencies’ price mean that their value can change dramatically in very little time. The losses can be in direct or indirect form.

  • Basket of currencies
  • Commodities
  • Cryptocurrencies
  • Indexes (UN FAO Food Index)
  • Easily redeemable corresponding to the pegged asset
  • Easy predictability with respect to its prices
  • Being stable means it grows at a local inflation rate

DeFi, Crypto banking, White label cryptocurrency exchange development, Crypto wallet development, coin development, fintech, Blockchain