Steem Dollars

by Steem

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Gold Bits Coin

by Gold Bits Coin

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HUSD Token

by Stable Universal

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Steem Dollars

by Steem

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Gold Bits Coin

by Gold Bits Coin

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HUSD Token

by Stable Universal

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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.Gold Bits Coin wants to create a digital currency with less price volatility, that will be backed by gold.HUSD is a stablecoin that attempts to provide greater transparency with more regular auditing and attestations of their US Dollar reserves.

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.

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.

HUSD token is a stablecoin that was created by a Hong Kong based company called Stable Universal. HUSD is backed by US Dollars in a 1:1 ratio that are held in a trust company. The HUSD stablecoin is designed to have a governance structure that will increase security, liquidity, and transparency. Monthly audits of HUSD's reserves are conducted by an independent accounting firm to ensure that the 1:1 backing is maintained.

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