Gold Bits Coin vs Tether vs STASIS EURO
What problem does this service solve?
Gold Bits Coin wants to create a digital currency with less price volatility, that will be backed by gold. | Tether is the largest stablecoin. It allows crytpcurrency traders to hedge against volatility. | STASIS EURO powers the STASIS company's tokenization platform. |
Token Stats
Company Description
Gold Bits Coin is developing a digital currency that is backed by gold. They hope to create a digital asset with less price volatility that can be used as a medium of exchange. GBC is built on Ethereum. Their marketing materials are unclear about how much gold they have in reserve to back each Etherreum-based token. | Tether (USDT) is the largest stablecoin cryptocurrency. It is pegged to the US Dollar. (1 USDT=$1 USD) Each Tether token that is issued is backed by $1 USD that is supposedly held in reserve. Tether has been the subject of some controversy because they have failed to allow a transparent audit of their currency reserves. | STASIS EURO is an Ethereum-based stablecoin that is pegged to the Euro. Each STASIS EURO token is backed 1:1 with Euros held in a reserve account. The STASIS EURO was created by STASIS to power their tokenization platform. EURS can be issued in exchange for securities, which are purchased by STASIS’ liquidity providers. The EURS token is supported by an ecosystem of liquidity providers and exchanges. |