⚡️Stablecoin Use Cases on Algorand.
👉 I knew a few stablecoins that used Algorand but after some deeply research, I was very surprised that a dozen that can already be found on the Algorand blockchain.
▫️Did you know? Algorand's Blockchain is used by #USDT and #USDC, which together have over 80% dominance of the Total Stablecoin Market Cap, that has a value of $142 billion and a daily trading volume of $86 billion to date. That's HUGE!
▫️List of Stablecoins on Algorand Blockchain:
🔹Tether #USDT
🔹UCDcoin #USDC
🔹Stablecor #QCAD (Canadian dollar)
🔹CBDC #SOV (Marshall Islands stablecoin)
🔹Brazil Real Digital #BRZ (Real stablecoin)
🔹Meld-Gold #MCAU (gold-backed stablecoin)
🔹MESE-USD (micro equity stock exchange)
🔹RealioUSD #rUSD (real estate)
🔹Monerium (Icelandic krona, euro, pound)
🔹e-Money #eEUR (Euro stablecoin)
🔹e-Money #eCHF (Swiss franc stablecoin)
🔹e-Money #eSEK (Swedish krona stablecoin)
👉 I knew a few stablecoins that used Algorand but after some deeply research, I was very surprised that a dozen that can already be found on the Algorand blockchain.
▫️Did you know? Algorand's Blockchain is used by #USDT and #USDC, which together have over 80% dominance of the Total Stablecoin Market Cap, that has a value of $142 billion and a daily trading volume of $86 billion to date. That's HUGE!
▫️List of Stablecoins on Algorand Blockchain:
🔹Tether #USDT
🔹UCDcoin #USDC
🔹Stablecor #QCAD (Canadian dollar)
🔹CBDC #SOV (Marshall Islands stablecoin)
🔹Brazil Real Digital #BRZ (Real stablecoin)
🔹Meld-Gold #MCAU (gold-backed stablecoin)
🔹MESE-USD (micro equity stock exchange)
🔹RealioUSD #rUSD (real estate)
🔹Monerium (Icelandic krona, euro, pound)
🔹e-Money #eEUR (Euro stablecoin)
🔹e-Money #eCHF (Swiss franc stablecoin)
🔹e-Money #eSEK (Swedish krona stablecoin)
🔅$ALGO should definitely be in every portfolio‼️
▫️#Algorand was the first blockchain with a stablecoin implementation based on a framework that is Powered by #USDC
▫️Did you know? Algorand's Blockchain is used by $USDC and also #USDC, which together have over 65% dominance of the Total Stablecoin Market Cap, that has a value of $185 billion and a daily trading volume of about $50 billion. That's HUGE!
▫️List of Stablecoins on Algorand Blockchain:
🔹Tether #USDT
🔹UCDcoin #USDC
🔹Stablecor #QCAD (Canadian dollar)
🔹CBDC #SOV (Marshall Islands stablecoin)
🔹Brazil Real Digital #BRZ (Real stablecoin)
🔹Meld-Gold #MCAU (gold-backed stablecoin)
🔹MESE-USD (micro equity stock exchange)
🔹RealioUSD #rUSD (real estate)
🔹Monerium (Icelandic krona, euro, pound)
🔹e-Money #eEUR (Euro stablecoin)
🔹e-Money #eCHF (Swiss franc stablecoin)
🔹e-Money #eSEK (Swedish krona stablecoin)
▫️#Algorand was the first blockchain with a stablecoin implementation based on a framework that is Powered by #USDC
▫️Did you know? Algorand's Blockchain is used by $USDC and also #USDC, which together have over 65% dominance of the Total Stablecoin Market Cap, that has a value of $185 billion and a daily trading volume of about $50 billion. That's HUGE!
▫️List of Stablecoins on Algorand Blockchain:
🔹Tether #USDT
🔹UCDcoin #USDC
🔹Stablecor #QCAD (Canadian dollar)
🔹CBDC #SOV (Marshall Islands stablecoin)
🔹Brazil Real Digital #BRZ (Real stablecoin)
🔹Meld-Gold #MCAU (gold-backed stablecoin)
🔹MESE-USD (micro equity stock exchange)
🔹RealioUSD #rUSD (real estate)
🔹Monerium (Icelandic krona, euro, pound)
🔹e-Money #eEUR (Euro stablecoin)
🔹e-Money #eCHF (Swiss franc stablecoin)
🔹e-Money #eSEK (Swedish krona stablecoin)