They wouldn't move apart from $1-$0.99. That's always the price of these stable coins and if they increase a bit, that will be around $1.01 or a bit more than that.
Not that much difference with those price that I've given because I always check their prices although I don't buy them. But at least, I have seen those times that they've moved from those price range.
Topic: Stablecoins are never perfectly stable - page 3. (Read 424 times)
Ofcourse!
They fluctuate in price but the fluctuations are quite low or moderate most times compared to cryptocurrency.
You could get a cryptocurrency behave in similar manner without making it inflationary overall. Deflation is very important feature of crypto
They fluctuate in price but the fluctuations are quite low or moderate most times compared to cryptocurrency.
You could get a cryptocurrency behave in similar manner without making it inflationary overall. Deflation is very important feature of crypto
FreeStreamer what's up with you and stablecoin? Lol anyway, there is no loss holding stable coins, the lower I've seen them go is 1% loss, around 1$ to 0.99$, that's what you are going to see, stable coins works perfectly ok and thanks to them they makes trading more interesting and easy
I am contributing to this space by educating and sharing information. There is a loss holding a stablecoin. It's called inflation. Currency is not meant to stand still. Currency is meant to circulate. Currency is not a financial asset. It's a medium of exchange. The word currency itself means literally "in circulation"
FreeStreamer what's up with you and stablecoin? Lol anyway, there is no loss holding stable coins, the lower I've seen them go is 1% loss, around 1$ to 0.99$, that's what you are going to see, stable coins works perfectly ok and thanks to them they makes trading more interesting and easy
A cryptocurrency being a stablecoin does not mean that the price is literally perfectly stable. It means that there's an effort to stabilize the price as much as possible. Different stablecoins use different methods to stabilize their price. Some peg the value to some other relatively stable asset like the dollar, gold or sliver. Others attempt to stabilize the price themselves by regulating the circulating supply in relation with market capital so that the price stays stable.
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