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:
Fiat-backed: Backed by fiat money. Example – Tether (USDT)
Commodity-backed: Backed by fungible assets i.e Commodity. Example – Digix Gold Tokens
Crypto-currency / Lending backed: Backed by other crypto currencies . Example – MakerDao (DAI, SAI)
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
Stablecoins bring with them the advantages of cryptocurrencies such as clarity, security, immutability, wallets, fast transactions, low charges and protection without compromising on trust.
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
Our team led by Nitika Goel, has authored the EIP1132 standard which implements an escrow mechanism.
Stablecoin Development Services @ Somish
We build stablecoins that are fiat-backed, commodity-backed or crypto-currency backed. Top feature requests include multi-collateral stablecoins with decentralized governance.
Our team of blockchain experts write technical whitepapers for building a stablecoin. The whitepaper provides market analysis, research on existing projects and stablecoin approaches
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
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 actually enables us to deliver on our goal of building a living breathing organism that can be fully controlled by its members”
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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.