During our extensive market research, we have come across some devastating facts. The majority of people that are dealing with cryptocurrencies, still has no clue what the concept of stablecoins is all about. The most popular false opinion is that it refers to cryptocurrencies such as bitcoin or ether, that are in some way, superior to other cryptocurrencies and dictate the price change. That is why we have decided to start a public group StableCoins, whose sole purpose will be to educate the community about the potential and significance of stablecoins in general.
If you are interested in stablecoins, join the public group StableCoins, and help us spread the word - https://www.facebook.com/groups/208634679804038/
We strongly believe that stablecoins might be the key to mass adoption of cryptocurrencies!
Topic: Stablecoins are here to stay (Read 119 times)
This is taken from the GLOBCOIN blog:
«The crypto market is very volatile and there is a high correlation between the price of all major cryptocurrencies. Even though today this market is mainly populated by traders who profit from this; there is also a large number of users who could actually benefit from value stability:
Anyone who wants to save some money as they would do in USD, for example, but away from the traditional banking system and away from the negative characteristics of their national economy.
Investors who want to “play it safe” for a period of time while a new investment opportunity comes up or during an unfavorable volatility crisis.
Exchanges who want to transfer or store money within the crypto space to scape the costs associated to fiat currencies.
An ICO or ICO sponsor who needs to keep a stable value for the money they raised.
It’s precisely the volatility and day-to-day price fluctuation what is keeping the masses away and scared of cryptocurrencies. Imagine if we can assure reluctant people that the value of their money will be stable and safe within the crypto space, so they can enjoy all the benefits from a decentralized and innovative financial system, without all the risks they’ve been hearing about in the news. Everyone can agree stability is important to encourage a wider adoption of cryptocurrencies.»
Hope it helps.
«The crypto market is very volatile and there is a high correlation between the price of all major cryptocurrencies. Even though today this market is mainly populated by traders who profit from this; there is also a large number of users who could actually benefit from value stability:
Anyone who wants to save some money as they would do in USD, for example, but away from the traditional banking system and away from the negative characteristics of their national economy.
Investors who want to “play it safe” for a period of time while a new investment opportunity comes up or during an unfavorable volatility crisis.
Exchanges who want to transfer or store money within the crypto space to scape the costs associated to fiat currencies.
An ICO or ICO sponsor who needs to keep a stable value for the money they raised.
It’s precisely the volatility and day-to-day price fluctuation what is keeping the masses away and scared of cryptocurrencies. Imagine if we can assure reluctant people that the value of their money will be stable and safe within the crypto space, so they can enjoy all the benefits from a decentralized and innovative financial system, without all the risks they’ve been hearing about in the news. Everyone can agree stability is important to encourage a wider adoption of cryptocurrencies.»
Hope it helps.
Convince me otherwise 
Reasons why:
1. mass adoption
2. mass adoption
3. DEX
4. global remittance
5. mass adoption
And I think with crypto-collateralized stablecoins like Havven are going to be the ones to succeed. Thoughts?
Reasons why:
1. mass adoption
2. mass adoption
3. DEX
4. global remittance
5. mass adoption
And I think with crypto-collateralized stablecoins like Havven are going to be the ones to succeed. Thoughts?
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