Altcoins News
By Steven Anderson
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A brief Introduction to Stablecoins
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The missing piece: Use cases
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In 2018, the crypto market got to a point where we couldn’t recognise it anymore: What had been a playing ground for investors in 2017 had become a nightmare in the blink of an…
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2018 was also the year that stablecoins made their definitive appearance in the market. Whereas stablecoins’ only purpose had only been to hold money in exchanges, 2018 saw them…
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On paper, stablecoins sound like just what the crypto market needed: A safe way to store value without being affected by the unpredictable volatility that altcoins and Bitcoin…
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However, to be able to provide stability, a company needs to prove their tokens are actually worth something.
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Having Tether questioned opened the door for many other stablecoins to be issued while USDT kept its spot as the #1 stablecoin.
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Among this panorama, however, few seem to have noticed what a true game changer could be for stablecoins.
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Mainly concerned with getting as many investors to safeguard their profits on their stablecoins, issuers of these currencies seem to have forgotten the adoption problems of the…
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The joke, meant as innocent comment, still has some truth to it. The adoption of cryptocurrencies as payment methods still hasn’t taken off, regardless of how exciting and…
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Or so they were until a new player showed up.
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Developed by Hello Diamonds, DiamCoin aims to be the revelation stablecoin for 2019. DiamCoin is the first asset of this kind to be backed by physical assets, an…
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Issued by Hello Diamonds, a company that has managed to create technologic solutions to interconnect the diamantaire industry, DiamCoin has a very clear initial use case:…
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However, DiamCoin is about more than purchasing diamonds: Envisioned towards allowing users to access financial freedom, the new stablecoin will take advantage of its…
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Having a unique token that can foster adoption and improve crypto payments is only the start for DiamCoin, and it’s clear that a great idea, in the right hands, can go far.
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