À stablecoin on tinyman

Proposal Discussion
1

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

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2

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

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3

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

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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.

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5

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

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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.

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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.

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8

Support USDC and EURD!!!

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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.

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