Quote from: Ghebung Masam on August 19, 2018, 07:34:40 AM

where can I buy AAA coins and what is the price?
I think the stable coin at the moment is tether or USDT, so is AAA better than USDT?

Hi Ghebung Masam,
Thanks for your comment.
AAA Reserve coin is available now from our website at www.AAAreserve.com and the price is displayed at all times on the net asset value (NAV) page. https://www.aaareserve.com/arc-nav
The coin will also soon be available on a number of exchanges with both ETH and BTC pairs but have held off on listing the coin too quickly to build up its user base to ensure liquidity.

On the tether comparison, while it is the most adopted and has the highest mkap there are major concerns within the crypto community in terms of its credibility and substantial lack of transparency. There has been a roller coaster of external audits being conducted and then not publicised or denied outside audits and conducting internal audits. Any centralised stable coins first priority should be trust and when consumers realise there is a reason tether is not releasing these audits, adoption should fall. AAA conversally has the asset value regularly externally audited and all information is published on our website on the net asset value page.

Furthermore, as per the topic of the article AAA reserve is a totally different currency: USDT is pegged to USD and is supposedly (if what they are saying is true) is backed by USD 1-1 and AAA reserve as mentioned is backed by a basket of currencies and fixed income investments. Since AAA launched in January 2018 it has been 3 x more stable than USD. https://medium.com/arc-blog/aaa-reserve-is-3x-more-stable-than-usd-5264ecaa4ea9

Both AAA reserve and USDT do have some different use cases and their own benefits and disadvantages, it's likely that there are 4 or 5 stable coin cryptocurrencies that achieve mass adoption.

Charlie.fletcher(AAA)

Posts

Merits