Cryptocurrencies have both a lot of advantages, and disadvantages. Among the shortcomings that can be noted are: the volatility of the course, the lack of experience dealing with the cryptocurrency, and, as a consequence, a distrust of it.
The shortcoming of the most modern cryptocurrencies is an unstable course. The solution to this problem is the issue of secured coins with the value binded to a certain asset.
Too long amount (by modern standards), of time spent on translations.
The complexity of integrating payment processing with the financial systems of various participants.
High fees for processing payments are caused by the presence of intermediaries.
High cost of payments in the Internet of Things and games.
Credits proposes to issue a financial unit (stablecoin), which value is fixed, by binding it to the value of an asset, which will reduce the risks associated with the volatility of the cryptocurrency. As an asset, you can use the currency, gold, oil, and so on. In general, stablecoin resembles an obligation or a bill, that is also exchanged on demand as collateral (asset). It is obvious that stablecoin is a new form of habitual content.
The quantity of stable coins should correspond to the size of the provisional fund. Blockchain allows you to check the amount of issued cryptocurrency. If the issuer manages to increase the size of the fund, then it is possible to conduct additional emissions of stablecoin.
The issuer can profit in various ways - by accepting contributions from new entrants to join the program, charging a commission for transactions, investing funds from the fund, etc.
Theoretically, everyone has the possibility of issuing such a coin. In practice, the value of the released stablecoin will depend on the reputation of the issuer. Consequently, the most likely issuer will be large financial institutions and banks.
Speed and low cost of transfers.
A complete lack of volatility with Stablecoin
Absence of frontier barriers between states.
Absence of intermediaries in the transfers.
Publicity, and verifiability of the characteristics of the release of stablecoin.
Absence of the issuer's country risks.
Stablecoin: the advantages of conventional money, and the convenience of cryptocurrency
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Single protocol for issuing, storing and transferring various types of assets
Infrastructure on a distributed network with a public registry
Accounts system with public, and private keys
Set of security systems
Built-in programming language for creating services
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