After supporting the first, best known and great of the stablecoin, Tether, the producer Ledger understood the importance and the role that they will have in the crypto world all the new stablecoin and therefore decided to want to integrate others very soon, within the his two flagship devices, the dwarf if the blue.
https://www.coindesk.com/hardware-wallet-crypto-ledger-asia-stablecoins-usdt/
Topic: STABLECOIN: comparison and opportunities - page 5. (Read 19334 times)
Take a look at this questionnaire we made for our #StableCoinsREVIEW
We want to hear your thoughts. Is there anything else we should ask these stable coin teams?
https://medium.com/cp-processor/questions-for-stable-coins-review-e73ba5931171
We want to hear your thoughts. Is there anything else we should ask these stable coin teams?
https://medium.com/cp-processor/questions-for-stable-coins-review-e73ba5931171
I dont really like stable coin, why? its difficult to make profit on coin thats not have pump and dump scheme actually for dayli trader.
In fact you are totally out of the way, the stablecoin serve to "protect" your capital temporarily, without going out in Fiat; for your pump & dump operations you have about 1900 coins available .... the choice is not missing!
Meanwhile, Coinbase has also officially introduced and introduced its stablecoin, next to the existing Fiat coins.
https://cryptodaily.co.uk/2018/10/coinbase-has-introduced-its-first-stablecoin/
Thank you for this well explained post about stable coin in bear market stablecoins are the only which can save our investment from the effect of volatility. But one must not rely on stablecoin too much as stable coins are inflationary and are not truly decentralised. Due to bear market there is huge rise in the stablecoins within last 6 months backed by USD dollar or some other assets like gold, precious metals , diamonds or real estate assets etc. But all this are inflationary isn't it???
Thanks for the info and tips on your listed coins.
However, my opinion is that all "stablecoins" are actually all scams. A true digital currency can never be stable, heck, even traditional currencies are never stable. Markets move and prices change, these coins are artificially faking "stable" value and will end up all being exposed as scams that they truly are.
However, my opinion is that all "stablecoins" are actually all scams. A true digital currency can never be stable, heck, even traditional currencies are never stable. Markets move and prices change, these coins are artificially faking "stable" value and will end up all being exposed as scams that they truly are.
Wow. I can't believe I came across a post like this.
Educate yourself. A token can be made stable if it is:
1. backed by a valuable asset
2. redeemable
Fiat currencies do have slight fluctuations in price. However, the major currencies, USD, Euro, GBP, don't have huge and immediate changes that would render them, or anything backed by them, unstable.
What fiat currencies do have is a built in inflation. So in that respect, they are not stable, in terms of purchasing power, over long periods of time.
The best of both worlds is a stablecoin that not only doesn't lose value over time like fiat currencies do, but actually appreciates at a rate which keeps pace with inflation. A true store of value.
Read the whitepaper. It's all in there.
https://www.monetran.io/wp-content/uploads/2018/09/monetran-whitepaper-edited-9-27-2018.pdf
We just published introductory piece to our review series - HOW STABLE COINS WORK?
Check it out - https://medium.com/cp-processor/how-stable-coins-work-35301e98c210
Check it out - https://medium.com/cp-processor/how-stable-coins-work-35301e98c210
Thank you for sharing your information. All of your introduced coins are very far from my understanding. As I can see your thought, it's just a defensive portfolio to face up with dumping market. However, it's better to own passive income coins which can help you to earn dividend, such as: NEO, Tcash, icon...
But those coins he introduced if you will only make a deep look,you’ll find future profit in some of them,but you are also right that passive income coin has great dividends than those not
BUt i will stick to my plan holding coins that is in top five position for sure profit in long term
I think there is a race going on to launch stable coins, check this article Huobi exchange launching Stable coin HUSD pegged to USD https://www.prnewswire.com/news-releases/huobi-launches-husd-the-all-in-one-stablecoin-solution-300734710.html.
Since you have done a good research on stable coin, IMO stable coins are not decentralized. Do you think too many stable coins pegged to USD are riskier & in in future it will kill decentralization?
I'm very surprised that they released their own stablecoin after added 4 new kinds of stablecoin to their exchange.Since you have done a good research on stable coin, IMO stable coins are not decentralized. Do you think too many stable coins pegged to USD are riskier & in in future it will kill decentralization?
In fact, I thought GUSD backed by Gemini should be strong in near future. https://gemini.com/dollar/
I think there is a race going on to launch stable coins, check this article Huobi exchange launching Stable coin HUSD pegged to USD https://www.prnewswire.com/news-releases/huobi-launches-husd-the-all-in-one-stablecoin-solution-300734710.html.
Since you have done a good research on stable coin, IMO stable coins are not decentralized. Do you think too many stable coins pegged to USD are riskier & in in future it will kill decentralization?
Since you have done a good research on stable coin, IMO stable coins are not decentralized. Do you think too many stable coins pegged to USD are riskier & in in future it will kill decentralization?
I dont really like stable coin, why? its difficult to make profit on coin thats not have pump and dump scheme actually for dayli trader.
I think that after having the various hype on token with Masternode or with POS to Roi elevated, then we have moved on to have hype on decentralized exchanges, now the moment has arrived of the hype on the stablecoin, and maybe this is good because may significantly lower barriers to entry to the market, thus leading to massive adoption of blockchain technologies.
Here is an article where you can almost see a race to challenge the "shaky monopoly" of tether
https://theblockcrypto.com/tiny/paxos-takes-lead-circle-is-competing-gemini-is-losing/
Here is an article where you can almost see a race to challenge the "shaky monopoly" of tether
https://theblockcrypto.com/tiny/paxos-takes-lead-circle-is-competing-gemini-is-losing/
The crypto world is going wild for 'stablecoins' — here's everything you need to know about them ℹ️📖
https://blog.blockchain.com/…/…/26/the-state-of-stablecoins/
https://blog.blockchain.com/…/…/26/the-state-of-stablecoins/
At the moment there is still an overwhelming predominance of Tether among the stablecoin with over 90% of all daily volumes, but it is a market that has just been born.
If we think about it, it reminds us of the beginning of the crypto market in which it took 5-6 years to go from the absolute domain of Bitcoin (which weighed for 80-90% of the market in 2013) to the 50% we have today.
Probably this market will also undergo this evolution and transformation, and this will be good for everyone!
https://www.ccn.com/tether-dominates-98-of-stablecoins-daily-trading-volume-report/
If we think about it, it reminds us of the beginning of the crypto market in which it took 5-6 years to go from the absolute domain of Bitcoin (which weighed for 80-90% of the market in 2013) to the 50% we have today.
Probably this market will also undergo this evolution and transformation, and this will be good for everyone!
https://www.ccn.com/tether-dominates-98-of-stablecoins-daily-trading-volume-report/
And now you can add to your list the most trsuted one - Gemini coin which will be the best alternative for Tether because it will be backed by real dollar and they will have all requested audits.
Sometimes I wonder if people read before writing or maybe they just do it because they have to reach the weekly post of their signature!
In this thread there are only 2 pages and about 30 posts; it was enough that you looked at the previous page and only 7 posts before yours and you realized that we have already talked about the coin gemini!
All specialized newspapers and magazines, forums, chats, reddit, twitter, etc. they are talking and commenting on the announcement of Circle to create its StableCoin (USDC); at the moment little news has been leaked except that at the launch USDC should exchange on Polinex (bought by Circle just a few months ago) as well as on OKEx, DigiFinex, CoinEx, KuCoin, Coinplug and XDAEX exchanges.
Many are saying that soon USDC will replace Tether and replace it soon.
https://www.coindesk.com/usd-coin-arrives-circles-crypto-stablecoin-is-now-trading/
I do not see a way it is going to replace tether, because one way or the other the benefit will still be for the purpose of hedging of funds by investors and nothing else. This is not going to be the first stable coin after USDT as we have seen so many of them in the past and many more still popping up daily, so Circle coming up with their own USDC is only going to be backed by reserved assets at the end of it all, and would just be another option for those who want to trade and hedge their funds anytime they want to do so. Many are saying that soon USDC will replace Tether and replace it soon.
https://www.coindesk.com/usd-coin-arrives-circles-crypto-stablecoin-is-now-trading/
All specialized newspapers and magazines, forums, chats, reddit, twitter, etc. they are talking and commenting on the announcement of Circle to create its StableCoin (USDC); at the moment little news has been leaked except that at the launch USDC should exchange on Polinex (bought by Circle just a few months ago) as well as on OKEx, DigiFinex, CoinEx, KuCoin, Coinplug and XDAEX exchanges.
Many are saying that soon USDC will replace Tether and replace it soon.
https://www.coindesk.com/usd-coin-arrives-circles-crypto-stablecoin-is-now-trading/
There is no doubt USDC is a good addition to the space, but it is too premature for the talk of it displacing Tether, I know Tether is not perfect but with a marketcap of over $1 billion you need to do a lot before you catch up with that. For me the competion with help drive the prices of Crypto assets up. Many are saying that soon USDC will replace Tether and replace it soon.
https://www.coindesk.com/usd-coin-arrives-circles-crypto-stablecoin-is-now-trading/
There is absolutely so much to go around, and apparently like someone said, will be backed by real fiat eventually, and for the fact that Tether has grown huge over the years, and being widely used across board, makes it so hard for a new stable coin to just displace it, when it is not like it has something different or better to offer than just the capability to use it to hedge funds.
I think I would use any of them safely especially trueusd, I suggest people not to use usdt, though there will probably be no problem, its past is not clear at all.
And now you can add to your list the most trsuted one - Gemini coin which will be the best alternative for Tether because it will be backed by real dollar and they will have all requested audits.
Another new stablecoin that joins the many existing ones; this in particular will be offered to an audience, the Japanese one, among the most open and available to innovations and crypts in particular, in addition to the country among the first to move towards regulation.
Let's see how these new coins will develop and evolve.
https://usethebitcoin.com/japanese-yen-stablecoin-coming-in-2019-via-notable-blockchain-fund/
Let's see how these new coins will develop and evolve.
https://usethebitcoin.com/japanese-yen-stablecoin-coming-in-2019-via-notable-blockchain-fund/
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