Stablecoin Models: Evaluating Centralized Vs. Decentralized Architecturesby@kiefer-begum
1,638 reads
1,638 reads

Stablecoin Models: Evaluating Centralized Vs. Decentralized Architectures

by Kiefer Begum4mJune 19th, 2021
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

Stablecoin adoption has exploded over the last year, seeing a collective market cap rise from around $10 billion to over $100 billion. Centralized stablecoins are generally fiat collateralized off-chain. Decentralized, non-custodial stablecoins can be further divided into crypto-collateralized and algorithmic stablecoins. Onomy Protocol builds on this concept while taking inspiration from traditional banking models. Denoms is a decentralized reserve bank managed via a DAO of participants.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Stablecoin Models: Evaluating Centralized Vs. Decentralized Architectures
Kiefer Begum HackerNoon profile picture
Kiefer Begum

Kiefer Begum

@kiefer-begum

Share Your Thoughts

About Author

Kiefer Begum HackerNoon profile picture
Kiefer Begum@kiefer-begum

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
L O A D I N G
. . . comments & more!