À stablecoin on tinyman

Proposal Discussion
1

Do you plan to create a stablecoin in the medium term? A décentralised stablecoin the TiUSD

3 Likes
2

This is a great idea and will work wonders! If this can be accomplished it would be amazing for the ecosystem.

1 Like
3

It would be great to provide for a stable LP option, as USDT/USDC won’t be there once USDT exits.

3 Likes
4

You can imagine différent partnership such Folk finance for lending this stablecoin and Pera with a débit card to use it inthe real life or to invest in lotfy.

2 Likes
5

I really don’t think we need another dodgy stable coin, USDC works just fine.

4 Likes
6

Hi @anseka_971 Currently, there is a variety of stablecoins in the algorand ecosystem. You can take a look at the analytics section on Tinyman

Since our team is focused on building the Tinyman protocol, we will not launch a stablecoin.

3 Likes
7

I have a feeling that MiCAR compliant electronic money tokens (EMT) will be more mainstream than stablecoins next year.

So I agree with Tiny Man’s policy of not creating stablecoins.

Stablecoins and basket tokens will remain, but given the effort to stabilize them, I don’t think it’s worth it unless it’s a specialized project. I think it would be interesting, though.

2 Likes
8

Support USDC and EURD!!!

2 Likes
9

Hi @nho Thank you for your feedback. Please note that EURD is not a cryptocurrency or a stablecoin but an electronic money token (EMT). You can find more information on the website of Quantos, which is the issuer of EURD.

3 Likes