My answer is no, why we need another stable coin if we already have so many stable coin such as usdt tusd gusd pax dai and usdc?
It's too much now and not really needed this time.
I don't see the urgency to see another stable coin again.
Topic: DO WE REALLY NEED MORE STABLE COINS? - page 3. (Read 17385 times)
Would it cost us anything if we see more stable coins in the market? We need more trusted stablecoin in the market and it will not cause any harm to the market
yes, it might cost you money, but I'm not sure if there are coins that are constantly stable in price. surely there will be fluctuations in prices and stability and even then it will not last long. usually if in the real world the currency of a country is determined by the dollar. if the dollar rises surely all will follow it and vice versa.
stable coin is good when we want to save money. market not always on good condition like price dump. and trade our asset to stable coin is best choice, we not going to loose any penny because this is stable coin.
Depends on what you want, and if you want a higher pump with a bigger result then the coin has better volatility, but the risk is too big. It would be better if you are too afraid of the risk that a stable coin can be an option.
Have you read all the topic? the topic is not about coins on the market , but about stablecoin , not about eth and other coins.
I think now there are enough coins that are supported by the Fiat dollar , especially I like the usdc
Would it cost us anything if we see more stable coins in the market? We need more trusted stablecoin in the market and it will not cause any harm to the market
Depends on what you want, and if you want a higher pump with a bigger result then the coin has better volatility, but the risk is too big. It would be better if you are too afraid of the risk that a stable coin can be an option.
Some friends of mine always lament that 'we need more stable coins in the cryptosphere' and I think that is highly achievable looking at the promising prospects that has been achieved by tether. It seems some upcoming projects are also promising to introduce stable coins. Is it possible to have more stable coins on the crypto market? What would really happen if we get more stable coins on the crypto market, would the volatility reduce?
Volatile coin, in general, is of greater interest in terms of investment.Stable coins have led to the creation of competition among those who can best organize the issuance of money. Each of the categories of stable coins differ in the method of providing value and has its own advantages. It:
- coins with cryptographic security;
- coins with a fixed interest rate in Fiat;
- algorithmic stable coins.
In the short term, models that support Fiat will dominate. But over time, as the open financial system grows, DEXs increase market share and dApps are increasingly accepted by the public, it is possible that crypto-secured stable coins will slowly overshadow fiat centralized “reserve currencies”.
Stable coins stabilize the market well. I don't think there should be a lot of them. But their presence gives investors more tools. Let's say protection from the fall of the market. Transferring money to stable coins. Well, there will be stable coins open new unknown ways for their use.
stable coints are very good for mass transactions like USDT but do we still need more stable coins ... 
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
Of being the state of instability for all crypto coins makes a reason why we still here and get profited. Due to its price fluctuations make everyone feel better than being in a stable market. I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
I really don't know and I don't believe that everyone wanting to have a stable coin, maybe everyone wants to have a stable market than of prices.
I think that there is not much sense in these projects. The most important thing is that there is one project that would be fully tested and completely transparent, I don’t really like everything else, because everyone can make such a stable project.
stability and cryptocurrency are two satellites that will never meet) all attempts to create a stable environment for coins break about reality, which is this: all coins follow the course of bitcoin ... however stability is always boring, that is why I am in cryptocurrency, her stability never will be)
We have several different stable coins right now, but none of them are 100% reliable. Everyone used to think that USDT was fully backed up. But as per the latest statements by the Tether team, it is only 74% backed up by Cash and cash equivalents. Even if some new stable coin comes in to existence, how we'll come to know that it is 100% backed up or not?
That's the important thing for those coins to become stable to attract some investors and people to invest on other coins need some stable not always in dropping and in bad condition.
Altcoins that are stable is good for day traders and for those who hold. This way of action is a part of crypto that can benefit anyone who has a stable coin.
stable coints are very good for mass transactions like USDT but do we still need more stable coins ...
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
Of being the state of instability for all crypto coins makes a reason why we still here and get profited. Due to its price fluctuations make everyone feel better than being in a stable market. I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
I really don't know and I don't believe that everyone wanting to have a stable coin, maybe everyone wants to have a stable market than of prices.
stable coints are very good for mass transactions like USDT but do we still need more stable coins ...
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
stable coins are very good indeed because they will help and he is so valuable that many people need stable coins.I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
stable coin movements with unstable coins are also different and stable coins will increase better so the chances will be even greater.
but not everyone needs a coin stable.
stable coints are very good for mass transactions like USDT but do we still need more stable coins ...
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
I think that can happen if the need for real transactions in the community between countries happens, maybe ...
but basically the main goal of cryptocurrency is not to make stable coins or just a business opportunity to earn money, but more than that ... for the future
There are a lot of stable coins now , I think now for me the favorite is the usdc , since this token has been audited in the us and it inspires confidence
Opinions of people can change, because the most important and most important thing is that today you need to understand that cryptocurrency gives each of us a chance to make money and this opportunity is really good and successful stable projects that can fix our deposits.
i dont think we need more stable coins but the more stable coins in crypto ecosystem the more crypto become safe!as you dont have to depends on only specific stable coins.so its good but already enough stable coins made .
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