The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Typically, stablecoins exist in many forms, from being backed by fiat currencies to using algorithms to maintain stability. A stablecoin is a digital currency whose value is pegged to another asset, such as a commodity or fiat currency, to stabilize its price. It achieves stability by maintaining a 1:1 peg to reserve assets or algorithms. In this way, stablecoins bridge the worlds of digital and fiat currencies, and because their prices are stable and largely reliable, the use of stablecoins is able to overcome the volatility issues prevalent in the crypto market. So how are stablecoins issued? Let the editor of the currency circle introduce to you the issuance method of stable coins.

 How are stablecoins issued?

What are the steps required to list blockchain investment coins on an exchange? The general framework of exchange docking has the following steps. Of course, the requirements and listing fees of each exchange are different:

1. The project submits an application for currency listing to the trading platform;

2. The platform party reviews the project and will conduct further communication and investigation with the project party after completing the preliminary review;

3. Some platforms require a certain amount of platform currency to be listed, or to list the currency through voting;

4. After passing the review or meeting the event conditions, the currency listing technology will be docked;

5. Publish the currency listing announcement and start trading.

 What types of stablecoins are there?

Stablecoins can be divided into three main types, namely stablecoins collateralized by fiat currency, stablecoins collateralized by cryptocurrency, and stablecoins without low deposits.

1. Stable currency collateralized by legal currency

The most typical case is USDT issued by Tether, whose Chinese name is Tether. Every issued Tether is linked to the U.S. dollar one-to-one, and the corresponding total amount of U.S. dollars is stored in Hong Kong Tether Co., Ltd. When using U.S. dollars as the unit of measurement, there is no risk of fluctuation in the value of the collateral. The limitations of this stablecoin are centralization, opacity, and no storage of funds or guarantee and collateral costs for redeeming tokens.

2. Stablecoins collateralized by cryptocurrency

In this model, the collateral backing the stablecoin is itself a decentralized cryptoasset. This method allows users to create stablecoins by locking up more collateral than the total amount of the stablecoins.

3. Stablecoins without low stakes

Seigniorage shares/decentralized banks/algorithmic stabilization mechanisms. Acts as a (partially) decentralized bank and adopts a flexible supply mechanism.

The content above is the currency circle editor’s detailed explanation of how stablecoins are issued. The value of cryptocurrencies such as Bitcoin and Ethereum fluctuates greatly, sometimes on a minute-by-minute basis. Assets pegged to more stable currencies allow buyers and sellers to be certain that the value of their tokens will not rise or crash unpredictably in the near future. You don’t need a bank account to hold stablecoins, and they are easy to transfer. The value of stablecoins can be easily transferred around the world, including in places where U.S. dollars may be difficult to obtain or local currencies are unstable, and there are easy ways for users to earn interest on their stablecoin investments.