Ninjastic
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Board Altcoin Discussion
Re: [LIST] List of decentralized Stablecoins
by
boomboom
on 19/12/2018, 20:21:41 UTC
Quote from: HeRetiK on December 19, 2018, 05:36:56 PM
Quote from: CP_Processor on December 19, 2018, 02:52:25 PM
We are currently performing reviews of decentralized and regulated stablecoins.
Reviews done so far:

TrueUSD - https://medium.com/cp-processor/stable-coin-review-trust-token-tusd-60bc0a3178f2
Gemini Dollar - https://medium.com/cp-processor/stable-coin-review-gemini-dollar-gusd-7f3ad1ac18d4
USD COIN - https://medium.com/cp-processor/stable-coin-review-usd-coin-usdc-c7cf78c81dfb
Paxos Standard - https://medium.com/cp-processor/stable-coin-review-paxos-standard-pax-892ef3fd24c8

They explain how these stablecoins work, their trading pairs, procedures for buying and redeeming them, and a lot more

None of the above stablecoins are decentralized. Every single one of them is backed by either a centralized exchange or some other form of third party requiring trust.

If you need to complete kyc aml for any of these stable coins they are useless in trustless exchanges.