Stablecoins 2023: Current Status and Outlook report [May 2023]

Cryptomeria Capital
2 min readMay 30, 2023

Over the past year, the market has seen a lot of change in the stablecoin landscape.

Therefore, we found it critical to visualise the real state of the industry to help our readers understand stablecoins and make risk calculations easier. In this report, we have compiled all the essential information that clearly demonstrates the differences between existing types of stablecoins and their collateral. Through in-depth analysis of each individual asset, we explored major forms of stablecoins — traditional asset-backed, crypto-backed, and algorithmic stablecoins — to provide a broad overview of the existing stablecoin landscape.

This comprehensive research is essential reading for anyone interested in understanding the current state of stablecoins and selecting the most suitable and reliable option for potential usage. Whether you are an investor, entrepreneur, or simply curious about the future of money, this resource will provide valuable insights into the workings of stablecoins and their role in the rapidly evolving digital economy.

The full report is AVAILABLE HERE.

Cryptomeria Capital is an early-stage VC firm based in Dubai with presence in Singapore and Hong-Kong. The firm believes decentralized projects, cryptocurrencies, and Web 3.0 will dramatically reshape economic relations and focuses on ventures, tokens, and projects related to blockchain technology and crypto assets. Cryptomeria Capital supports transformation by providing early-stage financing for ambitious projects in a rapidly developing industry.

The firm has a corporate partnership with Axon Partners Group, an international consulting and investment firm that has backed over 50 companies and trades on the BME Growth Market under the ticker “APG”.

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Cryptomeria Capital

Passionate about the future of decentralized technology, we are investing in early stage projects