Stablecoins tend to stabilize the price of major currencies in the volatile crypto-asset market. The numerous forms of stable coins frequently work in a complex way and what we want to accomplish is a categorization of virtual currency projects. It relies on a new system of classification centered on the major traits of blockchain-based or crypto-based assets: responsibility decentralization, transparency of the issuer, and backing, or what validates the value of an asset.

The analysis of the different types of stable coins indicates that there is an exchange between the innovation of the stabilization system used in the initiative (from the traditional electronic currency solution to the presumed algorithmic reserve fund implementation) and its potential to retain a consistent marketplace value. While comparatively less inventive stablecoins may provide a solution for users seeking a stable value shop, especially if legitimized by complying with traditional requirements for payment services, the evaluation is still out on the possible future position of more inventive crypto-assets outside of its own existing consumer base.