Topic: Stable coins in cryptocurrency? - page 2. (Read 16553 times)
Just recent i was able to learn that no Matter how the market wanna dip, there are some coins that remains stable. A case study of a coin like Tether is given.. Which of true was remained stable even when the going wasn't so good.
I think that definitely stable coins can be called Coins, which are the equivalent of a dollar or Euro. One way or another, if you trace such coins in the cryptocurrency market, then according to the coinmarket network, the coins practically had minimal changes in price, even with a very poor state of the cryptocurrency market.
Very difficult question. Because there are no definitely stable coins in cryptocurrency. Probably the top coins in which they often invest are the most stable.
Determining the stable coin I think is not easy. Because looking at the price of all coins is easy to change. I only see the coins that keep growing is Bitcoin. By looking at the current situation the coin price is very difficult to predict. But to be safer and can make a profit. Invest in top coins like Bitcoin, Ethereum and Binance coin.
everyone started advising to invest in BNB after it began to grow rapidly, but for some reason, you don’t say the real reasons for investing in it. This is a useless token whose functions are very limited.
What are you yardstick when describing a stable coin. Or do you mean established stable coins in the cryptocurrency market.
Well for some years some coins has really proven there worth. Example is tether USDThas been doing well
Well for some years some coins has really proven there worth. Example is tether USDThas been doing well
Stable coins on the market are enough, just some are popular, and some are not used by people. So far, the most popular stable coin is USDT
I remember there are more than 5 stable coins used most often are USDT, TUSD, PAX, USDC, DAI. However, there are about 20 stable coins in the market, you can refer here
https://cryptoslate.com/cryptos/stablecoin/
https://cryptoslate.com/cryptos/stablecoin/
For stable coins, maybe only a few of them like USDT, USDC, USDG, TUSD, which I think will only have a slight effect on the movement of bitcoin and other altcoins.
Slight effect ? No i dont think so . Stable coins were also indemand because this was been used by traders and investors to keep/secure the value of their coins . Its either they buy more stable coins which causes the market to decrease or they will sell their stable coins resulting for the market to recover and increase .
For stable coins, maybe only a few of them like USDT, USDC, USDG, TUSD, which I think will only have a slight effect on the movement of bitcoin and other altcoins.
How many stable coins have been registered at Coinmarketcap to date? And what is the cheapest price. Please provide your knowledge, Thank you for contributing to this comment.
Stable coins are designed to have a little fluctuation as possible, and most of them u know are using the US dollar as benchmark while they try to maintain the $1 price. There other stable coins that are making use of other currencies as their benchmark as well, so you know that USD is not the only currency they use for a stable coin. Some of them makes use of the Euro. The most popular stable coin there is, is USDT and it currently has a market cap of almost $3 billion. It is followed by other stable coins like TUSD and USDC. Then there is PAX, which was recently added to the blockchain wallet. Other ones are GUSD, DAI, EURS, BITCNY, etc.
Determining the stable coin I think is not easy. Because looking at the price of all coins is easy to change. I only see the coins that keep growing is Bitcoin. By looking at the current situation the coin price is very difficult to predict. But to be safer and can make a profit. Invest in top coins like Bitcoin, Ethereum and Binance coin.
How many stable coins have been registered at Coinmarketcap to date? And what is the cheapest price. Please provide your knowledge, Thank you for contributing to this comment.
investment on stablecoins means you want to take the future to be brighter and right now there are a lot of stable coin good currency will definitely helpful in your future inds with good stability is available for investment and we need to find them properly and investing on good currency will definitely helpful in your future
Stable coins are a very conditional phenomenon in the crypto market. They remain stable as long as it is beneficial to their owners. As soon as they want to earn on their reputation as a stable coin - they will do it. That is why I do not trust the stable coin and try not to keep my money in them for a long time. I think it's better to be careful with them.
What I know is that stable coins are USDT and maybe there are others but I don't know yet. The lowest price of USDT if I'm not mistaken is $ 0.9. Because the USDT is supported by the US dollar, which means it will most likely be worth the dollar. This is what might be called stable coins.
USDT is indeed the most popular among stable coins and is also proven to be stable because it always gets dollar prices.but actually there are some other stable coins but not as stable as USDT.
A lot of coins that are registered in cmc(coinmarketcap) at the moment may be due to technological developments and very high exchange rates..for me, tokens that are still stable in cmc, and one of the remainder in my wallet is only open platform, until now it has undergone a change in its smart contract..
What I know is that stable coins are USDT and maybe there are others but I don't know yet. The lowest price of USDT if I'm not mistaken is $ 0.9. Because the USDT is supported by the US dollar, which means it will most likely be worth the dollar. This is what might be called stable coins.
For me stable coins are Bitcoin, Ethereum and Binance Coin. These coins show stability and growth for years, and BNB impressed me with a stable and confident growth even when bears were ruling the crypto markets
As far as I know there are 6 stable coin 1 Tether (USDT)
2 TrueUSD (TUSD)
3 MakerDAO (DAI)
4 Paxos Standard (PAX)
5 Gemini Dollar (GUSD)
6 USD Coin (USDC) You can see it in CMC and buy what you want
2 TrueUSD (TUSD)
3 MakerDAO (DAI)
4 Paxos Standard (PAX)
5 Gemini Dollar (GUSD)
6 USD Coin (USDC) You can see it in CMC and buy what you want
Stable coins in the world of cryptocurrency is just nonsense. Because this nebylo and most likely will not. Because it is a cryptocurrency and it is the Internet. What guarantees can be here?
Till today in coin marketcap their is lots of stable coin available. I think their is 15-20 stable coin available in the market which have good volume. And day by day the number is increasing. If you see the past their is not many stable coin as today. After tether news many people are afraid of the usdt so many trusted source started to short this problem and release their own stable coin. Plus almost every chain want to release a stable coin. Every exchange has their own not all but most of them. And the price of a stable coin depends what they are pagged into. Most of them are pegged through dollar. So price have to be $1. But if you are lucky you will get some discount sometimes like .01-.1%.
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