Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
Which stable coins are you talking about? Tether and similar or just coins with 0 volume on the markets?
Topic: Stable coins - page 5. (Read 614 times)
Which stable coins are you talking about? Tether and similar or just coins with 0 volume on the markets?
how is the coin stable according to you? Is it a fixed price and has only experienced a slight change since the listing on the market? or who has experienced price increases and has remained at a good price? it seems everyone has a stable coin specification that is different, and does it have an effect on the market? not necessarily
Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
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by making even more support to Ethereum coin to make it keep on growing and yield more profits.
In general, the presence of stable coins is more likely to be more profitable for states to create their national currencies, because they will be somehow secured and they will not have such volatility.
Stable coins need to fix their profits. But who is behind these coins is not known and they can create them as they please, although they write that everything is supported by real things. I agree that after the success of usdt they became very much like mushrooms after the rain, which, as for me, will negatively affect the cryptocurrency as a whole. I hope nothing will happen to these coins in the future, otherwise there will be another bottom of the market.
I didn't know that there are more than hundred of it, I only know few of it.
It has a positive impact and if you aware tether prints worth $250M of tokens, it has been said that it contributed to the bull run last year.
It has a positive impact and if you aware tether prints worth $250M of tokens, it has been said that it contributed to the bull run last year.
What is stable for you? The whole market did not drop or increase more than 5 % last two weeks and you call it stable? To recognize the stable asset we should observe its dynamic for at least one year and if it has not high volatility - it is a stable asset. There is not any cryptocurrency that faces this requirement (except UST and some others not true cryptocurrencies).
Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
Having more than 100 stable coin is a positive impact in the market. Although you must not consider coins that are stable in 1 Satoshi per coin because it is already considered as dead coin in a trading platform.
Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
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