Thanks to the Samecoin integration into the Polygon chain, more users can now enjoy the myriad of benefits available from running the Samecoin ecosystem. The highly anticipated launch is coming soon, so let’s explore more about Samecoin and the Polygon chain.

Polygon is a protocol and framework for building and connecting Ethereum-compatible blockchain networks. Polygon also acts as an aggregator, responsible for scaling solutions on Ethereum, all while supporting a multi-chain Ethereum ecosystem. As a popular chain with low fees, Polygon is a solid choice for the whole Samecoin ecosystem to run on.

The team at Samecoin, along with SameUSD…


The Reef Finance ecosystem is indeed on its way to achieving its development mission — simplifying the entry process of new DeFi protocols into the DeFi industry — with the latest collaboration with Samecoin. Samecoin’s addition to the Reef Chain ecosystem makes it the first stablecoin on the blockchain.

Samecoin is a decentralized stablecoin protocol looking to merge the benefits of fiat and crypto, allowing seamless digital payments for the average consumer or business owner. The protocol runs through its utility token SAME and has a family of stablecoins, including the SameUSD(SUSD) and SameEuro.

The Samecoin ecosystem is made up…


The Samecoin Protocol is a family of stablecoins (SameUSD, SameEUR, etc.), a utility token (SAME), and applications (SameID and SamePay) to improve the adoption of cryptocurrencies in making daily transactions. Since its inception, each component of the Samecoin ecosystem was designed to provide a secure, fast, and easy-to-use solution to DeFi.

The Samecoin vision is one of unification — bringing the best of the existing infrastructure under one umbrella that is a scalable, secure, and decentralized payment system. The cryptocurrency industry has desperately cried out for this solution since the first Satoshi of Bitcoin was mined. …


The Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement the official reserves. Usually, the value of the SDR is determined by the spot exchange rates at a specific time and are posted on the IMF website daily.

The SDR has been dependent on Gold as a currency and was once defined as 0.888671 grams of Gold equivalent to a dollar. Indeed, time flies!

Later, the SDR was redesigned to be a basket of currencies. However, these currencies had to meet two requirements; its free usability and export criterion. …


Since the introduction of cryptocurrencies, there have been debates between crypto enthusiasts and mainstream centralized financial institutions, i.e., central banks and commercial banks. However, traditional financial institutions have gradually warmed up to cryptocurrencies, embracing the innovation behind Bitcoin and other stablecoins.

The banking system is quickly adjusting. According to the Wall Street Journal, the OCC stated in its guidance that stablecoins are financial tools that banks can use to settle remittances satisfactorily.

Stablecoin transactions offer banks the much-needed fast and efficient payments through decentralized technologies. …


Essentially, cryptocurrencies were designed to act as digital currencies and were intended to replace transactions traditionally made with fiat money. However, ensuring faster transaction speeds and faster settlement times through blockchain technology has proven to be challenging for many cryptocurrencies. Various stablecoins in the current market differ by a significant margin in their transaction speeds and settlement times. Noticeable differences also exist in the operating costs of each of these stablecoins.

Before looking at the different settlement times and transaction speeds of other stablecoins and comparing them to Samecoin’s SameUSD (SUSD), let us analyze what settlement times and transaction speeds…


Many stablecoin ecosystems use a reward system to incentivize investors and crypto enthusiasts into adopting and using their stablecoins. These reward systems are part of the factors that contribute to the success of a particular stablecoin.

Although many stablecoins in existence are pegged to fiat currencies, commodities, cryptocurrency reserves, or other stablecoin reserves, many of these stablecoins still differ significantly in their approach towards rewarding users. Before we delve any deeper into the different reward systems that stablecoin developers use, let’s understand what reward systems for stablecoins actually are.

So what exactly are reward systems?

The issuance of stablecoins requires in-depth knowledge and fairly costly implementation…


Since time immemorial, some businesses have struggled with handling online payments. The introduction of Visa and Mastercard payments had a significant impact on online payments. However, the technology does not cater for the new frontiers in online finance, such as cryptocurrency payments.

Samecoin’s technological disruption is a revolutionary innovation in the cryptocurrency industry. Bitcoin, the leading cryptocurrency, fell short of expectations because of its volatility. Therefore, stablecoins like SameUSD — Samecoin ecosystem’s stablecoin — are needed as a flexible and reliable store of value on the internet.

The disruptive technology behind the Samecoin ecosystem intends to change how online businesses…


These days, people are losing trust in traditional financial institutions. They want full control of their money. While Decentralized Finance (DeFi) has tons of benefits for regular people — one issue is that it’s still relatively hard to understand, especially for newcomers. People like Joe.

SamePay aims to fix all that, by giving people full control of their finances and increasing decentralization, while being easy to use for everyone and available in the palm of your hand.

Many of the benefits from staking and other features of DeFi can be overwhelming to people who don’t have much experience in the…


Samecoin’s innovative new ecosystem is a game-changer. It makes it easy for those new to crypto to get started, as well as those who’ve been in the game for a while. But first, you need to understand how the ecosystem works and how Samecoin’s range of features can work for you… Just like they worked for Peter. We’ll tell you his story in a minute.

The Samecoin protocol has its own utility token dubbed Samecoin ($SAME), but that’s not where the real magic happens. While this Samecoin token offers great potential by itself — the real benefits start rolling in…

Samecoin

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store