StableCoins Backed By Us Dollar

USD Dollar Is one of the most used Currencies in the World In international Transactions, the main reason is the stability characteristics of the currency although there are many reasons to why USD Dollar is among popular currency. Currently, in the developments of Blockchain Technology, different people and companies strive to Create A useful Cryptocurrency that may become popular and stable in the World of  CryptoCurrencies despite having Bitcoin(BTC) and Ethereum (ETH) which some term to be stable coins but with its high volatility may lose one among features of  Stable Coins, dues to the reasons of its changes become difficult to predict some times

Different Cryptos  Are being initiated to stabilize the market toward the future currency of digital Ages. To Day We Bring three Cryptocurrencies Which seems Stable as US Dollar  

Tether USD ( Digital money For Digital Ages)

Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”). Every tether is also 1-to-1 pegged to the dollar, so 1 USD₮ is always valued by Tether at 1 USD

USD coin (A cryptocurrency with a stable price)

For customers with a US dollar bank account, 1 USDC can always be redeemed for US$1.00, giving it a stable price, each USDC is backed by one US dollar which is held in a bank account.

True USD (The most traded, trusted stable coin backed 1 for 1 with Us Dollar)

We wanted a simple stablecoin, without the need to trust some company's hidden bank account or special algorithm. Our legal framework enables you to exchange USD directly with an escrow account – we never touch the funds. Our open-source smart contracts ensure a 1:1 parity between True USD and USD in the accounts.

All three Coins structure with US Dollar for its stability to ensure dollar get into the Blockchain as visual currency in new money system, although these coins are slight differ but they are not far from US Dollar Value as they claimed To And nearly all trader use in reflection of USD to cover money loss on other digital or crypto in fact it's yes they backed with it as it seems indifferent Exchanges. The Call for other people from different parts of the world they may try to shift their fiat into Blockchain by the structure used by these three cryptocurrencies, it is not killing the currency but its to stay ahead with the blockchain technology.

Paxos Standard (PAX)  

Paxos Standard (PAX) combines US Dollar stability with the efficiency of blockchain technology
#Tether USD #USD Coin # True USD #Paxos