Steem Dollars

by Steem

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PAX Gold

by Paxos

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Gold Bits Coin

by Gold Bits Coin

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Steem Dollars

by Steem

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PAX Gold

by Paxos

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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.PAX Gold is designed to be a digital asset that is more accessible, redeemable, and flexible.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.

PAX Gold is stablecoin backed by gold. Each PAX Gold token is backed by one troy ounce (t oz) of a 400 oz London Good Delivery gold bar that is stored in a physical vault. PAXG holders own the underlying physical gold that is held in custody by the Paxos Trust Company, which is a regulated financial institution. Paxos specializes in providing custody and infrastructure solutions that enable movement between physical and digital assets.

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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