CorionX – The Global Stablecoin Movement

The stability of cryptocurrency means many things. First, it means that you can now trade on different types of digital assets without giving much thought to the instability of the crypto market. Second, the stabilization of crypto coins means that you will spend less, as the market wouldn’t require more expenses on your part.
That is not leaving out the fact that you will now have some valuable assets that back the crypto coins you invested in. So, it is evident that the crypto economy has many benefits to derive when more crypto coins’ values are stabilized.

The CorionX Movement
A new movement, drive and commitment for stablecoin adoption is now on and CorionX is the platform that is pushing it. This is not the first time that such a move is made, but the potentials on CorionX look too promising to ignore.
If you are bullish on the stabilization of the values of crypto coins, I want to implore you to learn how CorionX can be an ideal way to achieve that purpose.

The Mission
As mentioned earlier, this is not the first time that a platform as CorionX is facilitating the stability of crypto coins. However, some inherent features have been underlined to be the silver lining that will further increase the potentialities of cryptocurrency stability.
To that end, I want to clarify an important point – CorionX is not a stablecoin. Instead, it is more of a forerunner that institutes the milestones that will usher in the stability of crypto coins.
To do that, the platform already delegated some working instruments that will help drive the cause for more use cases for stable crypto coins.

Collateralization
As cryptocurrencies continue to push for more fiat use cases that is also how CorionX is pushing for more use cases of stabilized crypto coins.
That is why the platform opted to allow cryptocurrency investors to use the CorionX infrastructure for collateralization. It means that the CorionX crypto coin will be used as collateral for popular stablecoins.
That way, it will have more use cases that will confirm the viability as a medium of exchange for investors that want to take advantage of the Decentralized Finance (DeFi) undertones.

CorionX Potentials
The future of money is no longer far because it is here with us. I want to mention that CorionX has many potentials that I believe will lend more voice to its quest to facilitate more use cases for stablecoins.

Some of the potentials are discussed below:

• Loyalty Staking Program
  This program allows you to make money from stable crypto coins even without trading the same.
  All you need to do is to stake your crypto coins with CorionX for a chance to earn the 2.5% rewarded availed to stakeholders.

• Payment System for the Unbanked
  Bitcoin and indeed cryptocurrencies decentralized the payment systems all over the world. In their place, cryptocurrencies created a new payment system that enables intermediary-free transactions.
  CorionX does better at that by aiming to provide payment systems to millions of people, especially those that don’t have a traditional bank account.

Architecture for Adoption
Stablecoins are largely needed in the cryptocurrency industry where they will be used to reduce volatility of many digital assets. Of course, rolling out more ways to stabilize cryptocurrencies at this time will help many crypto coins to survive the dip and emerge victorious to shoot for the tops when the bulls finally make a rebound.

Concluding Thoughts
Stablecoins are poised to reinvent how cryptocurrencies are traded. With CorionX, it becomes easier to facilitate massive adoptions of stablecoins from all fronts.

USEFUL LINKS
Website: https://corion.io/corionx/
Whitepaper: https://corion.io/corionx-whitepaper-en/#
Telegram: https://t.me/corionx
Twitter: https://twitter.com/CorionPlatform
Facebook: https://www.facebook.com/CorionFoundation
Medium: https://medium.com/@Corion
LinkedIn: https://www.linkedin.com/company/corionplatform/
Youtube: https://www.youtube.com/channel/UCD9royvfm_-02vV9eHvZk8A

AUTHOR
Bitcointalk Username- Hassat
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2767680;sa=summary

POA- https://bitcointalk.org/index.php?topic=5262143.msg55041634#msg55041634