Topic: usdc leader of the stable coins future are stable coins (Read 129 times)
Yes, usdc got a great shining future ahead. but comparing to the to other stablecoins such are usdt they have a long way to go. usdt is the most used stablecoin in many exchanges such as binance or the other famous exchanges but they lied before about the project and they got a fishy history in 2018 when the usdt was really unstable and dumped to 0.8usd. But after all I said above and what op said about the legal stuff still none can guarantee about the stability of usdc or any other stablecoin.
Doesn't matter if the stablecoin partners even with the most prominent financial institution in the whole world. My point is, as long as these stablecoin doesn't try to bother our true decentralized cryptocurrency but instead just there to provide us way to liquidate or reserve our coins value then it's gonna be fine.
What's the point of comparing stablecoin to decentralized coin if they both doesn't serve the same purpose.
What's the point of comparing stablecoin to decentralized coin if they both doesn't serve the same purpose.
here the link about USDC AND VISA
i told you here before that bitcoin is just the ramp the bridge for us to jump in the stable currency.
yes the stable coins can be frozed thats true but some how im sure the cryptocurrency creators team like coinbase and circle well keep it fair enough and under control so literally if you do have some honest money in USDC they can not just delete your money.
https://cointelegraph.com/news/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership
i told you here before that bitcoin is just the ramp the bridge for us to jump in the stable currency.
yes the stable coins can be frozed thats true but some how im sure the cryptocurrency creators team like coinbase and circle well keep it fair enough and under control so literally if you do have some honest money in USDC they can not just delete your money.
https://cointelegraph.com/news/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership
Since the value of USDT had not changed huge value, it was made as stable coun leader!But it can be used to make liquidity assets. But you can use it as a parachute in a critical situation, like when the price bitcoin or Ethereum messed to low value. But you can't use itself as a asset to gain money by the pump on it.
OK?
But what if they "restructure" and set your funds to 0? Or if they *think* you've done something illegal and the government wherever they're based asks them to reduce or restrict your funds?
What if the US decide that because Switzerland or Germany wouldn't pass a law to make them only use usdc or banks and no cash and they declined so all the usdc stored there got 0'd from those countries? What if China starts a war with the US and the US liquidate everything in retaliation...
But what if they "restructure" and set your funds to 0? Or if they *think* you've done something illegal and the government wherever they're based asks them to reduce or restrict your funds?
What if the US decide that because Switzerland or Germany wouldn't pass a law to make them only use usdc or banks and no cash and they declined so all the usdc stored there got 0'd from those countries? What if China starts a war with the US and the US liquidate everything in retaliation...
well well the rules and regulations cant replace the normal human behaviour and dignity.
nothing are fool proof ,greed proof ,corruption proof or wrong accusation proof.
OK?
But what if they "restructure" and set your funds to 0? Or if they *think* you've done something illegal and the government wherever they're based asks them to reduce or restrict your funds?
What if the US decide that because Switzerland or Germany wouldn't pass a law to make them only use usdc or banks and no cash and they declined so all the usdc stored there got 0'd from those countries? What if China starts a war with the US and the US liquidate everything in retaliation...
But what if they "restructure" and set your funds to 0? Or if they *think* you've done something illegal and the government wherever they're based asks them to reduce or restrict your funds?
What if the US decide that because Switzerland or Germany wouldn't pass a law to make them only use usdc or banks and no cash and they declined so all the usdc stored there got 0'd from those countries? What if China starts a war with the US and the US liquidate everything in retaliation...
here the link about USDC AND VISA
i told you here before that bitcoin is just the ramp the bridge for us to jump in the stable currency.
yes the stable coins can be frozed thats true but some how im sure the cryptocurrency creators team like coinbase and circle well keep it fair enough and under control so literally if you do have some honest money in USDC they can not just delete your money.
https://cointelegraph.com/news/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership
i told you here before that bitcoin is just the ramp the bridge for us to jump in the stable currency.
yes the stable coins can be frozed thats true but some how im sure the cryptocurrency creators team like coinbase and circle well keep it fair enough and under control so literally if you do have some honest money in USDC they can not just delete your money.
https://cointelegraph.com/news/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership
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