What are all the different stablecoins out there and how do they work?
Channel: r/CryptoCurrency
Date: 2018-10-10

Stablecoins are an interesting part of the crypto world. They provide a way to convert your cryptocurrencies into something more stable. We all know of Tether, but did you know that it’s only the tip of the iceberg? There are 4 different categories of stablecoins depending on how the stabilization mechanism is done. Also we will be touching on many specific stablecoins such as: USD Tether (USDT), TrueUSD (TUSD), Paxos Standard Token (PAX), Gemini Dollar (GUSD), USD Coin (USDC) by Circle, DigiX token (DGX), gold backed, DAI token (DAI) by MakerDAO, Nomin token (nUSD) by Havven, Steem Dollar (SBD), Basis Coin. To learn more just join our stream with Kevin from Bitcoin For Beginners (www.youtube.com/bitcoinforbeginners)! 

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