By Asset 4 - Stablecoins / Synths

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(Under development. Please, come back later. Just published to share the progress)

1. Introduction

Stablecoins peg their price to the price of an underlying asset. This underlying asset can be a commodity, a fiat currency, a financial product or another cryptocurrency. They can be collateralized by the same asset (stablecoins), by another asset or basket of assets (synths) or by an algorithm (algorithmic stablecoins).

2. Definitions

The FSB’s 2020 report, “Regulation, Supervision and Oversight of ‘Global Stablecoin’ Arrangements” described three characteristics that distinguish a GSC from other crypto-assets and other stablecoins. Those characteristics include: (i) the existence of a stabilisation mechanism, (ii) the usability as a means of payment and/or store of value, and (iii) the potential reach and adoption across multiple jurisdictions. The first two characteristics (the existence of a stabilisation mechanism and usability as a means of payment and/or store of value), and the unique risks that these characteristics pose, distinguish stablecoins from other crypto-assets. The third, the potential reach and adoption across multiple jurisdictions, differentiates GSCs from other stablecoins.

3. Creating Stablecoins

4. Assets

4.1. Peg

4.2. Collateral

4.3. Existing Stablecoins

Peg Type	Peg Asset	Collateral	Examples
Commodities Stablecoins	Gold	Gold	PAXG, GLD, MCAU, AABBG, NNN, AWG, PMGT, CTLX, XAUT, DGX, CACHE, RBZ GBDT RBZ ZiG
	Gold	PAXG	GODL
	Silver	Silver	SLVT
	Oil	Oil	CRUDE, PDX, PTR, FIX
	Gemstone	Gemstone	GEM
	Food	Food	BANANA , SOYA, CORA, WHEA, SOYB, CORB, XCORN, XSOY, XWHEAT, XRICE
Fiat Stablecoins	dollar	Real State	Real USD
		Dollar	TrueUSD, ZUSD
		Basket	USDT, USDC, BUSD, FRAX, MIM, Pax Dollar, USDJ, Gemini USD, USDP, Palau, FDUSD, PYUSD
		Basket Crypto	DAI, CUSD, USDD, USB, USDe, Raft, eUSD
		Endogenous Crypto	TerraUSD,
		Algorithm	Fei
	euro	euro	EURC, EUROe
	pound	pound	GBPT
	Singapur Dollar	Singapur Dollar	XSGD
	rupiah		IDRT, BIDR
	Brazil Real		BRZ
	UAE Dirham	UAE Dirham	DRAM
	MEX Peso	MEX Peso	MXNT, MXNC
Crypto Stablecoins	ETH	ETH	frxETH, iDOL,

5. Features

5.1. Decentralization

6. Regulation

7. Market

7.1. Stablecoin Platforms

reserve protocol

erc-3643

catallactic

conigurabl Requirements

1. Introduction​

2. Definitions​

3. Creating Stablecoins​

4. Assets​

4.1. Peg​

4.2. Collateral​

4.3. Existing Stablecoins​

5. Features​

5.1. Decentralization​

6. Regulation​

7. Market​

7.1. Stablecoin Platforms​