# stablecoin

The Ampleforth protocol is a set of instructions on the Ethereum blockchain that produces a decentralized unit of account called AMPL. The AMPL token is the primary building block of the Ampleforth Elastic Finance Ecosystem. It is used for lending & borrowing, for the creation of derivatives, and as collateral for a decentralized stablecoin.

The easiest way to trade your favourite memecoins on Base Bolide app is a smart self-custody Web3 app that leverages the UX of Web2 to unleash the power of Web3 and allows users to hodl, track and transact their crypto assets and access all “Bolide Earn” functions. Designed to be simple and accessible to people without prior DeFi experience and built in a secure & robust way using the latest industry safety standards, the Bolide app is the smart, simple, and secure way to store & earn on top of your crypto.

Circle is a global financial technology company that issues the stablecoins USDC and EUROC, and develops programmable wallets across various blockchains. Circle is regulated as a licensed money transmitter under US state law just like PayPal, Stripe, and Apple Pay. Circle’s financial statements are audited annually. ### Why? USDC is a digital dollar, that’s available 24/7 and moves at internet speed. USDC lives natively on the internet, and is available for users to spend regardless of borders and banking hours. Anyone with an internet connection can send, receive, and save USDC. A key feature of USDC is that it's always redeemable 1:1 for US dollars. USDC reserves are held in the management and custody of US financial institutions, including BlackRock and BNY Mellon.

DYAD is the first truly capital efficient decentralized stablecoin. Traditionally, two costs make stablecoins inefficient: surplus collateral and DEX liquidity. DYAD minimizes both of these costs through Kerosene, a token that lowers the individual cost to mint DYAD.

Decentralised Stablecoin Ecosystem. Trade and earn yield on your stablecoins on mStable, a decentralised and non-custodial protocol powered by $MTA

Stablecoin protocol that allows you to keep your crypto and still be able to spend its value

FUTURE CASH : Peer-to-Peer USDC transfers

Unit protocol is a decentralized borrowing protocol that allows using a variety of tokens as collateral to mint USDP stable

USDO is a hyper-collateralized stablecoin developed under Nova DAO for Dogechain, which dynamically increases the amount of collateral backing required as the underlying price of dogecoin increases. USDO prioritizes the health of its USD peg above all other factors; and due to this, stakers may only exit from the wDOGE staking pool while the underlying backing is above the current collateral target zone. USDO redemptions back to wDOGE are always kept fully available, with scaling fee rates that may never exceed 5%, and scaling redemption rates in the event of any collateralization levels below 100%. Note that USDO is an experimental stablecoin, and is not regulated by any parties.

Swerve Finance is described as a fork of Curve, owned 100% by the community. It is claimed that there's no fake-out deployment, no questionable pre-mining, no founder controlling majority of the governance vote, no suspect team proposals, no 30% allocation to 'shareholders', no team allocation, no decades long distribution. It's a simple 33,000,000 supply owned entirely by holders, the community of liquidity providers and users.