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SameUSD vs Bitshares (BitUSD) Stablecoin

Samecoin.com. Learn how the fluctuating value undermines the true purpose of a stablecoin - SameUSD vs. BitUSD.<br><br>An ecosystem. A real one. Join Samecoin.com.

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SameUSD vs Bitshares (BitUSD) Stablecoin

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  1. SameUSD vs BitShares (BitUSD) Stablecoin samecoin.com

  2. Stablecoins are becoming more and more popular as investors, businesses and everyday consumers look to them to save time and money on commercial transactions. Hedge against hyperinflation Centralized or decentralized Collateralized/pegged by fiat currency, commodities (e.g., gold, oil, silver), real-world assets (e.g., real estate), cryptocurrency, and algorithms. • • • samecoin.com

  3. BitShareUSD (BitUSD) Valuation BitUSD is a USD stablecoin backed by BitShares' BTS token. This maintains sufficient fiat currency reserves to maintain the value of BitUSD except in instances of extreme market events. In order to mint BitUSD, users have to deposit BTS tokens worth 2x1 USD. samecoin.com

  4. BitshareUSD (BitUSD) Benefits Bitshare is incredibly valuable as a cryptocurrency that can be used and traded internationally to access a wide variety of digital currencies. As a USD stablecoin, BitUSD can be used by the holders as a hedge against the rapid devaluation of an unstable currency. samecoin.com

  5. SameUSD Valuation SameUSD (SUSD) is a USD stablecoin from the Samecoin protocol. Backed by a basket of top stablecoins pegged to the US dollar, SUSD is more stable in value, hence, it can be used as a better hedge instrument against inflation in weaker currencies. samecoin.com

  6. SameUSD Benefits Due to its stable value, people and businesses can use SameUSD for daily monetary transactions, without having to worry about volatility or loss of value. SameID and SamePay together with SameUSD make cross border transactions easier, cheaper, and faster. samecoin.com

  7. Chart Comparison of BitUSD and SameUSD BitshareUSD BitUSD $0.8 BTS token Bitshares 100.00 Billion USD $1.00 None SameUSD SUSD $1.00 Stablecoins Ethereum and BSC According to the size of the reserve USD $1.00 Cashback Ticker Current Price Collateral Type Blockchain Maximum Supply Based Currency Redemption Amount Incentives samecoin.com

  8. Conclusion BitUSD’s value still fluctuates which undermines its purpose as a stablecoin. On the other hand, SameUSD is backed by a reserve of top stablecoin to maintain a value equal to 1 USD. Users get reduced transaction fees, faster and less time-consuming transactions for local and cross-border transactions of all sizes. samecoin.com

  9. Join An Ecosystem. A Real One. samecoin.com facebook.com/SamecoinCom twitter.com/SamecoinCom t.me/Samecoin samecoin.com

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