Steem Dollars

by Steem

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BitBay

by BitBay

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USDQ

by Platinum Securities LTD

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Steem Dollars

by Steem

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BitBay

by BitBay

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USDQ

by Platinum Securities LTD

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What problem does this service solve?

Steem Dollars are a stablecoin that are designed to be used as a less volatile medium of exchange on the Steem platform.BitBay's goal is to create a stable cryptocurrency that is not pegged to another asset.USDQ is a stablecoin designed to facilitate investing in blockchain projects.

Token Stats

Company Description

Steem Dollars, or Steem Based Dollars, are stablecoins released by the Steem platform and pegged to the USD. Steem Dollars (SBD) are one of the three currencies that help power the Steem social media platform. SBD holders are entitled to receive one dollars worth of STEEM when it is redeemed.

BitBay is developing a decentralized marketplace based on a non-colateralized stablecoin. Unlike other stabelcoins, BitBay is stabilized with a dynamic peg that is meant to reduce volatility without anchoring the price to another asset. The network has a Proof-of-Stake (PoS) consensus mechanism.

USDQ is a stablecoin that is pegged to the US Dollar and is collateralized with Bitcoin. USDQ was issued by a company called Platinum Securities that offers STO and market making services.

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