Topic: Binance stable coin - page 2. (Read 640 times)
Put your investments in Bitcoin and Etheteum as these are currently the best stable coin in the Crypto market. You may try your luck investing in some ICO too for an affordable starting with bonuses but make sure the projects are legit and the commodity are feasible to the masses.
If Binance stable coin is backed by BNB in any way I will sell any residual BNB and pull out all my coins.
Not saying they would try something like that, but Binance has been known to have a bit of 'god' syndrome.
Anything is better than Tether, so Binance should do better.
Not saying they would try something like that, but Binance has been known to have a bit of 'god' syndrome.
Anything is better than Tether, so Binance should do better.
There is a high probability that by the end of the year this coin will cost more than 80 dollars. Some analysts' forecasts are encouraging. Judging by the Binance team, how quickly they develop their plans, that's how it will happen.
As you know most of stable coin maintain their value and almost little changes but Binance Coin is not stable coin, the price is fluctuated every day.
in my opinion it will be the same as the other stable but there is a possibility that stable coin binance will be popular quickly and may have a fairly good volume compared to other stable volume.
What do you imply when you say most stable coin ? Binance stable coin is not yet available, why the comparison with what you termed most stable coin? There are many stable coins pegged to FIAT currencies like USDT, USDC, TUSD, PAX which still maintain their value approximately 1$ for instance.
Binance is going to list first stable coin based on Binance blockchain, but they are also planning to launch their own stable coin.
How many stablecoins we really need?
Exactly the same question I am asking and there haven't been any reasonable explanations to that, so far we have had USDT, Pax, usdc, and Tusd all serving relatively similar purpose of providing a stable coin for hedging, creating another pair is very unnecessary How many stablecoins we really need?
Somehow a stablecoin backed by british pound would be less volatile compared to existing stablecoins backed by usd. One main reason is that british pound is less volatile than usd. Thus, bnb stablecoin might lead to mass adoption once created and released.
Looking forward to this. Curious why cz have an idea to create his own stable coin since there are lot stable coin out there is already using by so many exchange and community. Let's wait for the usability and the advantages compared to other stable coin.
Stable coin is the same, all of them backed up by real money in certain ratio if theres something that makes it different that must be the reliability of the comappny that issues the coin, so basically you dont need to worry about anything else because it is the same thing.
I don't consider it a stable coin. It seems to me that it has a good future and I keep it in my portfolio. I think it will grow in price.
Ohh, I thought that you are joking about Binance's stable coin but I just looked at the news and it's recent.
https://www.coindesk.com/binance-confirms-stablecoin-offerings-coming-soon-report
https://www.ccn.com/binance-stablecoin-first-hurt-tethers-dominance
Their coin will be backed by British pound, so it won't rely to dollars I think they're up into something just to change the game of the market.
I'm interested what is going on with that stable coin? Is it going to be something new or just another stable coin but backed by British national currency? https://www.coindesk.com/binance-confirms-stablecoin-offerings-coming-soon-report
https://www.ccn.com/binance-stablecoin-first-hurt-tethers-dominance
Their coin will be backed by British pound, so it won't rely to dollars I think they're up into something just to change the game of the market.
in my opinion BNB is very suitable for investment for beginners, besides that I also invest in the long term. for me bnb is a fairly stable coin compared to other altcoins like ethereum and bitcoin especially. the increase is also quite interesting for us to see.
I somehow do not like the fact that binance is conquering everything related to crypto they are getting stronger and bigger in monopoly and there is high need that we soon see some good competitors for binance otherwise binance will easily become the biggest crypto manipulator and will be able to control the market as and when it wants.
In my opinion, Binance does not have a priority opinion on this matter. They use new tools that they develop themselves. This gives hope that the price of BNB will rise.
You can’t be so sure about the price of this coin. it may be as unstable as any other coin in this market. Poloniex, too, was the best exchange and all people were using it.
In my opinion, Binance does not have a priority opinion on this matter. They use new tools that they develop themselves. This gives hope that the price of BNB will rise.
Looking forward to this. Curious why cz have an idea to create his own stable coin since there are lot stable coin out there is already using by so many exchange and community. Let's wait for the usability and the advantages compared to other stable coin.
We can say binance is good exchanger because it is the top one or the number one exchanges but not all coins that are listed here is stable and dont dump as i know this cryptocurrency market has the volitility so no stable here and if we talk about investments i will go to this project because this is a good potential project the Dencoin tokens and this project will be sooner be successful.
I keep more than half of my deposit in bnb and do not worry. This exchange has a very good business model, which is aimed at the years ahead.
Binance do really mean business and it is currently one of the best exchanges. I am hearing about this binance stable coin for the first time and I think binance is about to have another impact on the cryptocurrencies market and since many whales are trading through binance I think binance really need that type of coin. 
Ohh, I thought that you are joking about Binance's stable coin but I just looked at the news and it's recent.
https://www.coindesk.com/binance-confirms-stablecoin-offerings-coming-soon-report
https://www.ccn.com/binance-stablecoin-first-hurt-tethers-dominance
Their coin will be backed by British pound, so it won't rely to dollars I think they're up into something just to change the game of the market.
https://www.coindesk.com/binance-confirms-stablecoin-offerings-coming-soon-report
https://www.ccn.com/binance-stablecoin-first-hurt-tethers-dominance
Their coin will be backed by British pound, so it won't rely to dollars I think they're up into something just to change the game of the market.
Yes, I have read this article, nowadays more and more stable coins and according to the article above Zhou has no plans to make stable coins supported by the US dollar.
At present, Binance looks fast to develop their projects, there are many new tokens exchanging in the Binance chain and I think this situation will increase BNB prices in the future
Zhou also said that Binance will make money off of interest on fiat deposits, similar to Tether.
We already have many stable coins, and if they want to launch theirs, good! it's another way of making more money, since they may not trust the ones already in the market, and they are planning to expand more.
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