Counterparty vs Trust Token vs STASIS
What problem does this service solve?
Counterparty enables users to issue tokens and extends the functionality of the Bitcoin network. | Trust Token's platform allows users to create asset-backed tokens on the Ethereum blocckhain. | STASIS makes it easier to create compliant digital assets on the blockchain. |
Token Stats
Company Description
Counterparty is a DApp development and tokenization platform that is built on the bitcoin blockchain. The open source protocol is powered by the native XCP currency and has a Proof of Burn mechanism. The platform allows users to create their own virtual assets and trade them on a decentralized exchange. It also enables developers to create financial applications that extend the peer to peer functionalities of the bitcoin blockchain. | Trust Token is an asset tokenization platform that allows users to create asset-backed tokens on the Ethereum blockchain. TrustTokens act as on-chain collateral to protect against adverse events and align incentives between platform participants. The company has created a variety of stablecoins, including TrueUSD, one of the most widely traded USD-backed coins. | STASIS is developing a full-stack, regulation-compliant tokenization platform. STASIS will allow clients to tokenize a variety of assets and will provide services related to token design, smart contract development, custodial services, and third-party audits. STASIS released the Ethereum-based EURS token, a stablecoin pegged to the Euro. Each EURS token is backed 1:1 with Euros held in the company's reserve account. EURS can be issued in exchange for securities, which are purchased by STASIS’ liquidity providers. |