Building a Better Stablecoin

While stablecoins are in their infancy, use cases are robust. Stablecoin benefits range from reducing the payment and invoice cycle to near instant settlement to offering programmability and therefore ensuring certain conditions are met for payments to finalize. Furthermore, because of their cryptographic security, stablecoins avoid the “double spend” problem similar to cryptocurrencies like bitcoin. Recent growth in the stablecoin sector has gained the attention of developers looking to improve financial services, and regulators looking to increase consumer protections.

Key questions discussed in this report:

• What is a stablecoin?
• What are the use cases?
• What can issuing teams do to build better stablecoins?  

Companies Mentioned:

Circle, Commodity Futures Trading Commission, Facebook, MakerDAO, Paxos, Terra Luna, Tether, Securities and Exchange Commission