Looking to create your own stable coin?
A stablecoin is a cryptocurrency, commonly its own blockchain protocol, that is pegged to a stable asset such as a metal like gold or an international currency, such as the U.S. dollar or Euro. The stablecoin is known for its low volatility, global use, and ability to not be tied to any global central bank. As of this moment, the global stablecoin market is worth over $50 billion.
At PTPWallet, we will help you tap into the multi-billion-dollar stablecoin market. With our team of experts, we will create your own stablecoin, prepare for you the necessary documents, and assist you in developing a strong marketing plan. From an idea to implementation, PTPWallet helps in every step of the way to help you accomplish your business goals.
Why develop a stablecoin?
Liquidity
Liquid assets lead the way in accelerated and secure fundraising. In order to control stability, many stablecoins have the ability to be mined; something that is especially helpful when the price of the coin begins to increase.
Zero volatility
Stablecoins are backed by real-world securities, and because of the price being pegged to it, the price remains relatively unaltered. When using a stablecoin, businesses can conduct transactions without having to worry about volatility devaluing their transaction by a couple of percent.
Guaranteed Minimum Price
When the price of a stablecoin is pegged to a certain asset, there is generally a minimum set purchase price. In addition, if your business owns and holds the inventory of that particular asset, such as silver, holders will have even more confidence in the currency. This makes mass adoption of the coin much easier.
Develop your very own crypto token!
Stablecoin creation services
Due to our team having extensive experience in the blockchain and crypto sphere, we can provide you with top-notch stablecoin development services.
Fiat-based stablecoins
Fiat-backed stablecoins are relatively stable and operate with the authority of the government. Fiat-backed stablecoins require strong regulation and auditing and are often centralized.
Fiat-backed stablecoins are a popular way to enter the crypto world and are most comprehensible for users who are new to blockchain and cryptocurrencies. These stablecoins can be backed by currencies such as GBP, Euro, Gold, and USD.
Crypto-backed stablecoins
Crypto-backed stablecoins are backed by a combination of other decentralized crypto assets.
These currencies are often highly liquid, transparent, decentralized, and not prone to a single point of failure. However, these currencies are volatile, more so than fiat-backed stablecoins.
Commodity-backed stablecoins
Commodity-backed stablecoins are supported by metals like gold and silver and are likelier to be inflated in price than stablecoins backed by fiat. Their value is fixed by one or more commodities and is on demand.
Commodity-backed stablecoins can be trusted, are often centralized, and require auditing.
At PTPWallet, our expertise lies in building stablecoins backed by valuables like diamonds, gold, and real estate. Attain your development goals with our industry experts.
Non-backed stablecoins
Seigniorage-style” stablecoins are backed by an algorithm that maintains currencies by making them dependent only on supply and demand to keep the value of the currency constant. Such stablecoins are stable, have almost zero volatility, are often centralized, and have unlimited global application.
Many businesses have begun taking the steps towards adopting stablecoins not backed by anything, as less licensing and reporting to government bodies is required when compared with currencies backed by an asset.
Get in touch with us
Tap into the stablecoin market with our stablecoin development services and create a new revenue stream for yourself. Fill out your information below for a free no-obligation consultation.
