An overview of the stablecoin market landscape. This presentation took place at the meetup "Stablecoins for developers", during #DutchBlockchainWeek June 6th, 2019. For the video, please visit:

1. Confidential and Proprietary. Copyright (c) by 1A1Z. All Rights Reserved.
Binding Fragmented Markets

2. Stablecoins:
Towards mainstream adoption

3. stablecoin
NOUN
A digital currency in which a peg
or benchmark is used to minimize
price volatility.

4. Market

5. Stability Mechanisms
1) Asset Backed
● On-Chain Collateral
● Off-Chain Collateral
2) Algorithmic

6. Main Design Types

7. Stable.Report/stablecoin-projects - public data
Market Growth

8. Large Volume
Low Market Cap
*CoinMarketCap, CoinMetrics, Etherscan

9. Use Cases

10. Embryonic DeFi
*DeFiPulse
Maker / DAI ~80%
DeFi Market Cap

11. Mature Entrants
ADD NEWSPAPER CLIPS
from minor leagues to big leagues
JPMorgan Jumps on the
Stablecoin Band Wagon
Financial Times
February 14, 2019
Facebook is Already
Pitching its Stablecoin to
Exchanges
Crypto News
March 1, 2019
Six Global Banks Sign Up to
Issue Stablecoins on IBM’s
Now-Live Blockchain
Network
Cointelegraph
March 18, 2019

12. Future

13. ● Experimentation & Failures
● Innovation & Interoperability
● More Issuers & Fragmentation
Product Evolution

14. Risk

15. Risk. It isn’t always where
you expect it to be.

16. ● Solvency: Tether now 75% asset-backed
● Redeemability: GUSD blocked Huobi from redeeming
● Regulatory: Basis shut down to lack of regulatory clarity
● Governance: Little participation in decentralized governance
● Technical: Maker found a critical bug in their smart contracts
● Scalability: Scaling problems in Ethereum
Idiosyncratic Issues

18. Cement
Visa for Decentralized Finance
Cement aggregates the stablecoin market
● Provides interchange between stablecoins
● Protects users and issuers from risk
● Simplifies user experience
● Grows the ecosystem

19. Interchange between Stablecoins
Aggregation and Distribution
Leverages Fragmentation

20. Curation of the best Stablecoins
Marketplace for Risk Diversification
Reduces Idiosyncratic Risk

21. Cement ensures that a dollar is a dollar
regardless of issuer
Seamless User Experience

22. Confidential and Proprietary. Copyright (c) by 1A1Z. All Rights Reserved.
Edan Yago, Founder
Edan@cementdao.com
@CementDAO
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