Stablecoin Development Company
Hire an award-winning team of Blockchain developers for your stablecoin development project.
Stablecoins provide stability in an otherwise volatile cryptocurrency system. Some categories of stablecoins:
1
Fiat-backed: Backed by fiat money. Example – Tether (USDT)
2
Commodity-backed: Backed by fungible assets i.e Commodity. Example – Digix Gold Tokens
3
Crypto-currency / Lending backed: Backed by other crypto currencies . Example – MakerDao (DAI, SAI)
4
Seignorage backed: *Not* backed by any asset. Governed by arithmetical approach. Example – BaseCoin
Sounds interesting? Reach out to us by filling this form! Would love to brainstorm on your stablecoin idea 🙂
As seen in
Stablecoin Development on Ethereum, EOS and other platform
Stablecoin is a cryptocurrency based on the public blockchain with its value pegged against another stable assets like fiat money, commodities or other cryptocurrencies. They are all rage in the crypto space as of 2019.
Fun Fact: 65% of all stablecoins run on Ethereum Blockchain.
Are you on the lookout for stablecoin development services? Our blockchain team has built 19+ stablecoins, DeFi projects and dApps on Ethereum, Stellar, EOS and other platforms. Reach out to us today! A 30 minutes free brainstorming session awaits you!
Features of Stablecoin
Scalability
Stablecoins bring with them the advantages of cryptocurrencies such as clarity, security, immutability, wallets, fast transactions, low charges and protection without compromising on trust.
Non Volatility
With decentralization feature, stablecoins guarantee a reliable environment for P2P exchanges to occur without needing to use an unpredictable cryptocurrency like Ethereum to transact.
Widespread Easy Exchange
Stablecoins provide a great advantage to the crypto holders in a market in terms of trading their cryptocurrency to a stablecoin without changing cryptographic money to fiat
Why engage us for Stablecoin Development?
Two Time Blockchain Hackathon Winners
Winners of London Blockchain Week Hackathon 2017, followed by the Grand Blockchain Challenge, India in 2018
Delivered 21+ Blockchain Projects
In BFSI, Decentralized Finance (DeFi), Supply Chain, Aviation & Government since 2017
In-house Blockchain team
Experienced in-house team of blockchain solution architects, native blockchain developers & functional consultants
12+ Years Of Experience In Software Projects
Unmatched delivery experience for global software projects in governments, enterprise & startups since 2006.
Active Open Source Contributions
Inherent love for open-source and collaboration. See our GitHub profile at github.com/somish
Blockchain Contributors
Our team led by Nitika Goel, has authored the EIP1132 standard which implements an escrow mechanism.
Stablecoin Development Services @ Somish
Stablecoin Creation
We build stablecoins that are fiat-backed, commodity-backed or crypto-currency backed. Top feature requests include multi-collateral stablecoins with decentralized governance.
Stablecoin Whitepaper
Our team of blockchain experts write technical whitepapers for building a stablecoin. The whitepaper provides market analysis, research on existing projects and stablecoin approaches
Stablecoin Consulting
Our team helps you carve out a strategy and roadmap to build, launch, deploy and market your stablecoin offerings. This can include development support as well
Stablecoin Marketing
Whether you are the market leader trying to maintain the top spot or a new entrant trying to make an impact, our marketing activities ensures your message reaches relevant clients.
Too lazy to read?
Watch our CEO, Ish Goel, summarize our Stablecoin Development service in this video
Don’t just take our word for it!
“GovBlocks affords us a modular approach to governance that can be easily changed if necessary. We can tweak voting weights, rewards, quorum levels, virtually all components of the governance process…
GovBlocks actually enables us to deliver on our goal of building a living breathing organism that can be fully controlled by its members”
Hugh KarpFounder, Nexus Mutual
“We hired Somish Blockchain Labs for conducting smart contract security audit for our Asure Network Crowdsale that is introducing a method of fundraising for our blockchain project. The auditors at Somish helped us with a security audit that identified various issues which have greatly helped us in improving our contracts. We would highly recommend the Somish team for their audit quality and speed of delivery.”
Paul MizelFounder & CEO Asure Network
“I have been following the progress of Somish since they won the London Blockchain Week Hackathon in 2017. I had the pleasure of visiting their offices in Delhi and met their impressive development team. This is a company to watch!”
Dr. Jane ThomasonUN Top 10 Women in tech
CEP Abt Associates
“They (Somish) are trying to drive a real change in the way we do governance… (Somish) is an example of a startup trying to disrupt governance model using blockchain…. governance is going to be an absolute critical element of successful blockchain implementations…”
David FurlongerVP & Gartner Fellow
“Somish is a professionally led company with vast experience in Blockchain and Solidity in particular. They provided valuable inputs on my stablecoin idea and were of great help with designing its modular on-chain and off-chain architecture”
Robert LaukoFounder & CEO
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FAQs on Blockchain Stablecoin Development
1.What are stablecoins?
Stablecoins are another class of cryptocurrency that was made to give stability in terms of cost and are supported by a pool asset. Stablecoins are intended to handle the intrinsic unpredictability seen in cryptocurrency costs.
2.What is the process of stablecoin development?
The process involves the formation of a crypto token, connecting them to a smart contract, deploying tokens on the blockchain platform and promoting them to investors.
3.Why should you hire a StableCoin Development Company?
A specialized company involved in Stablecoin Development will assist you throughout the development process.
From making a stablecoin to drafting a whitepaper, distributing it and marketing it, the StableCoin Development Company has all the procedures set up for evaluation and quality checks.
4.How much does it cost to develop stablecoins?
The cost varies on a case to case basis from one project to another. It depends upon the complexity of functionalities and the lines of code in the Stablecoin advancement. Here we follow a concentrated development process by keeping the cost insignificant to guarantee the best outcome.
Blockchain Related Service
Ethereum Development
Build DeFi applications for lending, investing & finance, run crowd funding campaigns and ascertaining ownership of assets through Non-Fungible Asset Tokenization on the Ethereum Blockchain.
Assets Token Development
Tokenize real-world assets to digitally represent them on Blockchain and enable fractional ownership and easy exchange while maintaining immutability.
Real Estate Tokenization
Tokenize your real estate assets by establishing Real Estate Investment Trust (REIT) on the Blockchain.