What is a stable digital currency

1.

A: the connotation of stable currency

1. The stability of currency value is the ultimate goal of the central bank's monetary policy

When the price rises, the value of currency will decrease; When prices fall, the value of the currency rises

2. Since its establishment, Beijing Digital Capital Technology Co., Ltd. has been committed to studying how to effectively solve the instry pain point of "traditional instry + blockchain". Various projects emerge in endlessly in the blockchain instry, and the technology has been innovated repeatedly. At present, the hottest topic is "stable currency". Beijing digital technology has also been supporting the stable currency system, bringing new development opportunities for the blockchain instry
what is stable currency
stable currency, as its name suggests, is a cryptocurrency with stable value, and its exchange ratio with legal currency remains relatively stable. Because the exchange ratio between legal currency and goods and services is relatively stable, the ultimate anchor of stable currency is goods and services, that is, the actual purchasing power
stable currency originated from usdt (benchmarked US dollar) issued by 2014 bitfinex established tether limited. The opportunity for the birth of cryptocurrency is that the mainstream currency accounts for the vast majority of the market value, but the price fluctuates violently, which makes the liquidity of cryptocurrency market decline. In this case, in order to protect their assets, investors need to find a better way to store value, so the stable currency market arises at the historic moment
the essence of stable currency is a kind of accounting voucher
modern banking system is based on the central bank at the bottom, commercial banks at the top and financial technology companies at the top. Their basic prototype mainly comes from the double entry bookkeeping which was born 500 years ago. Even after so many years, the banking system is constantly developing and changing, but its core is the centralized account system, which depends on the central bank. When we transfer money from one account to another, we are actually making account changes through the bank. When using stable currency for transfer and remittance, it completely transfers from its own account book to another account book. The essence of stable currency is a kind of bookkeeping voucher
some people would say, isn't Alipay also using block chaining technology? On this basis, Alipay upgraded and upgraded the account book, which is two different schemes based on the stable currency issued by block chain technology. You see that money is transferred from a Alipay account to another Alipay account, but it is still operated in the central bank's account system.
why is stable currency the future of blockchain
at present, stable currency is mainly used to provide channels for legal currency to enter the cryptocurrency world, help currency people avoid risks in transactions, and provide payment services for blockchain application projects. Although the current digital currency market is not too optimistic, but the cryptocurrency project is in constant development. The number of stable currencies on the market has already exceeded 50, and is still on the rise. 2019 is bound to be the year of stable currency outbreak. How did stable currency break through in the wave of digital currency? Why is stable currency the future of blockchain? This involves how stable currency affects the blockchain instry
tickets for users to enter the market
after "94" in 2017, China banned the market circulation of cryptocurrency, restricted banks and other financial institutions as payment platforms or channels, and many countries also restricted the circulation of cryptocurrency. But there are still a lot of users who want to enter the market, they will choose over-the-counter trading and trade through the community. But because of the uncertainty, opacity, small scale and other problems, OTC has some trading risks. Usdt, a stable currency anchored to the US dollar at a ratio of 1:1, has become a supplementary scheme for some new funds
the insurance medium of user assets
in the weak market, the price of token fluctuates greatly, and traders do not want to take risks or leave the market. In the case that the trading platform does not support legal currency trading pairs, it is almost the only choice to use "stable currency trading pairs" to exchange for stable currency
the emergence of stable currency is the proct of a special historical stage e to the contradiction between the rapidly developing demand for token investment and the restriction of legal currency admission by regulation. The more serious the price fluctuation of mainstream currency is, the more valuable the existence of stable currency is
"trade as settlement" is an efficient payment and settlement tool
blockchain technology has great value in the field of payment and settlement. With the emergence of JPMorgan JMP, many banks around the world have begun to explore how to use blockchain technology to issue stable currency. The "stable currency" issued by these banking giants is essentially using a convenient and efficient settlement network based on blockchain technology. The more financial institutions and customer groups join the network, the greater the value of the settlement network
as JPMorgan Chase, IBM and Facebook have revealed that they want to issue currency, stable currency has once again set off an upsurge. After the strong fluctuation of usdt in the second half of 2018, it was derided as "unstable stable currency" by many people, so Pax, tusd, GUSD, etc. followed closely. Seizing the market quota of stable currency is very fierce for a time, but the fierce market competition means that there is not much space left in the market, and no matter how much stable currency there is, it seems meaningless. Then the major exchanges began to launch their own platform currency. JPMorgan Chase, IBM and Facebook also entered the market. The situation of stable currency also changed greatly. Facebook and JPMorgan have both broad user base and far-reaching economic impact, and issuing currency will certainly have inherent advantages. Beijing Digital capital technology, which is deeply engaged in the study of the significance of stable currency, has made practical application of stable currency in postal, supply chain finance, lottery and other fields. It is understood that the world's first African blockchain lottery will also be released in the near future. In this way, we can certainly expect to stabilize the currency market.

3. Digital currency itself represents a kind of investment with high volatility. bitcoin itself is also very volatile. It has just been cut off a while ago. Therefore, if you are looking for a stable investment, it is recommended not to touch digital currencies, including bitcoin.

4. Usdk is a stable currency launched by oklink based on blockchain and trust license, which can be issued and redeemed at US $1, and guaranteed by the assets held by Prime trust on a 1:1 basis.

5. Digital coins are divided into mainstream currency and cat coins, such as bitcoin, awesome square, bit cash, EOS, Rubo, etc. the app of the currency is low, the threshold is low, and the security is guaranteed. The activity benefits are also strong.

6.

When it comes to digital currency, your first reaction may be bitcoin or Libra, which Facebook plans to launch

from the perspective of usage scenarios, the central bank's digital currency does not pay interest, and can be used in small, retail and high-frequency business scenarios, which is no different from paper money. At the same time, the use should comply with all the existing regulations on cash management, anti money laundering and anti-terrorism financing

the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system

8.

It's already a low-risk place to go, not a medium risk area

Heilongjiang province should respond to the infectious disease prevention and control unit of the leading group command of New Coronavirus infection pneumonia work. It has released the risk level of Nangang and Suifenhe in Harbin from 0 o'clock in May 6th, and adjusted from the middle risk area to the low risk area. Since 0:00 on May 7, the risk level of Linkou County in Mudanjiang city has been lowered from medium risk area to low risk area

after the adjustment, Nangang District, Suifenhe City and Linkou County of Mudanjiang city will adjust the epidemic prevention and control strategy according to local conditions and time conditions, and fully promote the resumption of work, proction, business and market under the premise of safety and control, so as to fully restore the normal proction and life order

extended information:

the introction of medium risk areas is as follows:

as of 24:00 on November 24, 2020, according to the epidemic risk inquiry system of the State Council, there are 6 medium risk areas in China (except Hong Kong, Macao and Taiwan). From 24:00 on November 24, Tianjin adjusted Hangu street of Binhai New Area, Zone A and zone B of central fishing port cold chain logistics zone to low-risk areas

Since 12:00 on November 24, the epidemic risk level of Zhangyang community in Shencheng Town, Yingshang County, Anhui Province has been adjusted from medium risk to low risk. On November 22, 2020, Shanghai listed Lane 126, Shunhe Road, Zhangjiang Town, Pudong New Area as a medium risk area