Topic: Are stabletokens going to be the new altcoin hype? - page 2. (Read 313 times)
Many stabletokens appeared when there were doubts about the security of tether. Even exchanges issue their own stabletokens. But yesterday we saw the news that tether has been audited and has a sufficiently large amount of collateral 1.8 billion dollars.
In general, stable coins are very convenient to use. Especially if they are already backed by the currency they are digitizing. However, of course, there may be, as always, a bust in their numbers. However, the market will still remove those that are not in demand.
In principle, I am pleased with the appearance of stable coins.
In principle, I am pleased with the appearance of stable coins.
after the bad surprise experienced by tether yesterday, then there are many stable coin variants born and each exchange tries to make their own stable coin version. this is just hype and they are trying to take advantage of the trends that occur. but everything will return to normal and btc will remain the main pair in every crypto exchange, because that's what is worth it.
I agree with you.
I think that many investors like the risk of investing so they can make a profit, not just save money in crypto alone.
yes they are, i think stable coin will made crypto growth more progressive and will bring more investors to the platform, so stable coin was a positive
Price stability is somewhat good for the cryptocurrency. But, investors look at this stability as less profit. This might not be attractive to investors at the start, however, in the long run the stability of any cryptocurrency will be good for its adoption.
There can be only one
bitbay
the project basically has all you need to have a trustless decentralised market place with a smoothing pegging system.
most other pegs are not comparable in the true spirit of this arena
bitbay
the project basically has all you need to have a trustless decentralised market place with a smoothing pegging system.
most other pegs are not comparable in the true spirit of this arena
legendary
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I don't think so, these tokens have no utility outside exchanges and there are too many doubts about their reliability. At the end, only one or two of them will be adopted by exchanges and in a few months we will not hear about them anymore.
Actually these tokens definitely have utility which is for money transfer and really good at that. No volatility whatsoever and the token is backed up with real world money.It's a crypto that was created for reserving wealth and it will lasts long because the existence of reserved money behind that token making people less paranoid.
I don't think so, these tokens have no utility outside exchanges and there are too many doubts about their reliability. At the end, only one or two of them will be adopted by exchanges and in a few months we will not hear about them anymore.
stabletokens - can not be a new advantage of cryptocurrency, as most people invest in cryptocurrency for profit.
If you invest in stabletokens, then the profit is difficult to get)
If you invest in stabletokens, then the profit is difficult to get)
I don't know if they will, really. I don't see the advantages of investing in stablecoins. Maybe just to safe funds from any fiat connected unrests. If there will be some such situations with dollar than yes - people will enter stablecoins, and it will be good for bitcoin - some will buy it to diversify risks so the price can rise.
But I'm in doubt with dollar instability - I think everything will be calm in next few years
But I'm in doubt with dollar instability - I think everything will be calm in next few years
Lot of stablecoin projects coming out in the space. Coinbase added USDC and Bancor went Live with Peg network today! https://twitter.com/Bancor/status/1057571877064003584
Can i trust them all? and i can't. Most of them are not transparent and i can't even believe them all. In fact that even tether as the biggest stable coin still can't even prove the result of its audit about the reserved funds to backed tether stable coin. This needs a lot of effort to determine which is the best stable coin from all of them. 
after the bad surprise experienced by tether yesterday, then there are many stable coin variants born and each exchange tries to make their own stable coin version. this is just hype and they are trying to take advantage of the trends that occur. but everything will return to normal and btc will remain the main pair in every crypto exchange, because that's what is worth it.
Lot of stablecoin projects coming out in the space. Coinbase added USDC and Bancor went Live with Peg network today! https://twitter.com/Bancor/status/1057571877064003584
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