Steem Dollars

by Steem

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JUST Token

by TRON

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Gold Bits Coin

by Gold Bits Coin

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Steem Dollars

by Steem

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JUST Token

by TRON

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Gold Bits Coin

by Gold Bits Coin

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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.Gold Bits Coin wants to create a digital currency with less price volatility, that will be backed by gold.

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.

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.

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