Steem Dollars

by Steem

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JUST Token

by TRON

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bitCNY

by BitShares

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Steem Dollars

by Steem

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JUST Token

by TRON

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bitCNY

by BitShares

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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.The JUST token acts as a stabilizing and governance tool for a collateralized stablecoin built on the TRON network.bitCNY is intended to serve as financial tool that will help stabilize the price of BTS relative to the Chinese Yuan.

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.

The JUST token is used as stabilizing mechanism for the JUST network, which is a stablecoin network built on top of the TRON blockchain. TRX token holders can purchase the USDJ stablecoin, which is pegged to the US Dollar through collateralized debt positions. The TRX tokens are held as collateral, and when the user wants to redeem their TRX tokens, they must pay a stability fee using the network's JUST token.

bitCNY is a decentralized stablecoin that is pegged to the Chinese Yuan. It is based on the BitShares blockchain and has a Delegated Proof-of-Stake (dPoS) consensus mechanism. As a market pegged asset, the bitCNY token represents the amount of BitShares (BTS) that are equivalent to one Chinese Yuan.

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