TABLE OF CONTENTS
Abstract………………………………………………………………………………………........2
Introduction……………………………………………………………………………………….3
Section I:History and Context for Stablecoins
1.1 History of Currencies……………………………………………………………3-4
1.2 What is the key opportunity for stablecoins?………………………….4-5
1.3 The Meaning of Money…………………………………………………………5-7
Section II: State of Stable Coins
2.1 The Tether Project………………………………………………………………7-10
2.2 Three types of Stablecoins…………………………………………………10-14
2.2.1 Fiat-Collateralized Stablecoins……………………………….10-12
2.2.2 Crypto-Collateralized Stablecoins…………………………..12-13
2.2.3 Uncollateralized Stablecoins………………………………….13-14
Section III: Five Use Cases of Stablecoins
3.1 Safe Haven for Traders……………………………………………………15-18
3.2 Dollarization 2.0………………………………………………………………18-21
3.3 Peer to Peer (P2P) and Peer to Business (P2B)……………………21-23
3.4 Smart Contract Integration………………………………………………23-25
3.5 Reserve Currency…………………………………………………………….25-29
Conclusion……………………………………………………………………………………29-30