March 2019 - trimplement blog

Photo of Mark Caruso, Senior Project Manager at trimplement — Mark Caruso gives his opinion on
what role stablecoins will
play in the emoney sphere.

Definition: “Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some “stable” asset or basket of assets. A stablecoin can be pegged to a currency, or to exchange traded commodities (such as precious metals or industrial metals). Stablecoins backed by currencies or commodities directly are said to be centralized, whereas those leveraging other cryptocurrencies are referred to as decentralized” – Wikipedia

Stablecoins by their nature aren’t necessarily a new invention to the financial world. Their basic characteristics have already been described in the first Electronic Money Directive (2000):

This article was published on March 11, 2019.

But since the payment landscape is constantly evolving, we wrote a new article based on research not available at the time of the creation of this article.

You can read the new article here. Please consult it, if you want an updated overview of payment methods around the world:

A Voyage Through the World of Payment Methods: How Customers Pay

Enjoy your reading!

Europe, Russia, Latin America, and Africa

Since those times, worldwide payment habits have aligned with each other a bit. But technological disruptions have different impacts in different countries. And the global financial system cannot complain about a lack of disruptive tech.

Month: March 2019

Opinion: Stablecoins – Next Generation (E)Money

Payment Around the World – Part 1

Europe, Russia, Latin America, and Africa