Customer Profile

Our client wants a crypto trading platform that will offer stable cryptocurrencies.


Blockchain-based cryptocurrency trading is trending these days. But most of the cryptocurrencies encounter a major issue – high price volatility. As such, many individuals are hesitant to invest in any cryptocurrency platform despite their willingness to give it a try. They look for a Cryptocurrency platform that would offer price stability to a certain extent.


Biz4Solutions helped the client to build a Blockchain-based cryptocurrency trading platform app that provides a way to store value and make transactions without the fear of price volatility that is often associated with other cryptocurrencies. So, unlike most other cryptocurrencies, whose value is prone to significant fluctuations, stablecoins are intended to have relatively stable values.

When developing an app, we focus on our client’s business objectives & specific requirements. Explore how partnering with us can help you to build a revolutionary Blockchain Solution.


Stablecoins are progressive crypto-assets created on Blockchain platforms. They have been designed to maintain a stable value relative to a specific asset or currency, such as the US dollar. This stability is achieved through the following means:

  • Stablecoins are backed by collaterals such as other cryptocurrencies or other assets.
  • Other algorithms are used to manage the supply of the stablecoin to maintain its value. When the stable coin’s value exceeds the value of the currency it’s pegged with, algorithms generate extra tokens to lower the value. And, when the value of the stablecoin comes down, algorithms burn additional tokens to maintain the peg.

Solution Highlights

  • Algorithmic stablecoins and collateral stablecoins: two different types of stablecoins, with the former using an algorithm to maintain price stability and the latter using collateral assets to do so.
  • Hardhat: a development environment that can be used to build and test smart contracts on the Ethereum blockchain.
  • Smart contracts: automate certain aspects of stablecoin operations, such as collateral management and trading fees.
  • Reserved assets maintained as Collaterals for controlling volatility.
  • Trading fees, a mechanism to maintain price stability, by adjusting the supply and demand of the stablecoin.
  • EIS (Elastic Infinite Supply): Algorithmic formula to manage stablecoin supply, in order to maintain its price stability.
  • Cross-border transactions: the ability of a stablecoin to be easily transferred across borders, which can be useful for global transactions.


  • Stablecoins can be easily traded and used in the same way as other cryptocurrencies, making them more accessible and user-friendly for a wider range of users.
  • Stablecoins can help increase the adoption of cryptocurrencies by providing a more stable and reliable form of digital asset.
  • The stability & reliability make stablecoins more attractive to users who are hesitant to use cryptocurrencies due to their volatility.
  • Stablecoins can facilitate cross-border transactions by providing a way to transfer value between countries without the need for traditional currency exchange.
  • Decentralization: Stablecoins can be decentralized, which can provide more security and control to the users, as they don’t have to rely on a central authority to hold or transfer their assets.
  • Risk Reduction: Stablecoins can reduce the risk associated with volatility for the users and merchants who accept them as a form of payment, making them more attractive for real-world use cases.

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