"How stablecoin interest rates will rise and fall in the DeFi economy and why it matters"
Stablecoins
"This is my attempt at summarising what has been going on in terms of volume and user behavior within stable coins.
"This article discusses all-around statistics measuring DAI stablecoin’s supply growth, liquidity, lending demand as well as price volatility. With data and charts aligned, we observe a pattern of DeFi users’ behaviors, incentivized by the financial system."
"There's a "stablecoin invasion" happening. Will this price-stabilized virtual currency be the next big thing to disrupt the crypto space?"
"An overview of stablecoins and their role in the new digital financial ecosystem."
"Stablecoins have been around for a long time since the advent of BitShares back in 2014. They’ve gotten more popular with the utilization of Tether on the Omni network and backed by the same people as BitFinex. Let’s dive straight in and discuss what they’re for."
"Tether is a stablecoin that was created to be stable enough in its purchasing power or is at most slightly inflationary, to incentivize owners to spend rather than hold the tokens. In its simplest of forms, Tether, is a cryptocurrency with a fixed price measured by a fiat currency, in this case, the U.S. Dollars."
"A stablecoin, as its name suggests, is a cryptocurrency that is built to retain a stable value. Typically, each coin is pegged one-to-one to a national currency, most notably, the U.S. dollar or the euro. By mediating between the cryptographic controls of cryptocurrencies and the volatility that mars their monetary functionality, stablecoins are the answer to those critics who cry out against crypto’s mantra as digital cash."
"In this article, I am not going to repeat much about the stablecoin 101. Instead, I will primarily focus on analyzing the non-collateralized/growth-backed type stablecoins using Basis Protocol as an example."
"Stablecoins are price-stable cryptocurrencies, meaning the market price of a stablecoin is pegged to another stable asset, like the US dollar."
A “stablecoin” is an attempt to create a synthetic asset that is “more stable” than its underlying constituents. In this article we prove that the only workable stablecoins are those that are composed of a simple (weighted) average of assets, more commonly called a “basket” or simply, “diversification of your portfolio”.'
"Can stable coins make good on their promise of price stability necessary for mass adoption and everyday use?"
The lengthy (40 min) analysis of the MarkerDAO Protocol.
This article offers a unique view on stability and analyses it in the context of each money function.
The article explains the three models of stablecoins: back up the tokens with cash in a bank account, back up the tokens with other cryptocurrencies, create an “algorithmic central bank.
The piece against stablecoins - part III.
The piece against stablecoins - part II.
The piece against stablecoins - part I.