Stablecoins are a type of cryptocurrency. They can be the future of our day to day transaction but we can't call them the future of all of cryptocurrency as they would just represent a genre.
They can surely be the cryptocurrency with largest volume and use as they'd be much closer to how we use fiat.
Topic: Will stablecoins be the future of cryptocurrency? - page 7. (Read 1371 times)
I think that coin stability is contrary to the crypto principle that we support, which is decentralized crypto. but, many people use stable coins to secure their assets. so far, stable coins have shown so many benefits, so whether it will be the future, or not, I will continue to support it.
Stablecoin is not the future, it is the same as Fiat or it can also be said that is Online Fiat, as far as I know the use is limited in the crypto world, not yet in the real world which means merchants receive stablecoin as a payment.
What makes crypto interesting for investors is the ability to buy low and sell high, this doesn't happen with usdc, usdt, TUSD and others, it doesn't make sense to keep stable coins, they are only useful if you are a trader
Quite the opposite. I think if you want to use crypto in your daily life you need a coin that is as stable as possible. That's why i think stablecoins will slowly become more and more popular and coins like Bitcoin, Litecoin etc will become digital gold.
Just like the other altcoins, they can accept any altcoins of their choice. But it's nothing different just like the fiat money that we're using.
It's not decentralized and it's up to the people what we'd be choosing to use. The governments are in their plans of making CBDC which means their own cryptocurrency backed by real money.
It's not decentralized and it's up to the people what we'd be choosing to use. The governments are in their plans of making CBDC which means their own cryptocurrency backed by real money.
Evreyday more and more payment providers accept stablecoins like USDT and USDC as payment. Will they be the future of crypto?
Yesterday PolisPay just added 3 stablecoins as payment for the first time.
https://twitter.com/PolisPayApp/status/1247319714130546689
Yesterday PolisPay just added 3 stablecoins as payment for the first time.
https://twitter.com/PolisPayApp/status/1247319714130546689
In my opinion, stablecoin is not the future of cryptocurrency because stablecoin is no different from fiat money or digital money. In contrast to fiat, cryptocurrency should be used as an asset and stable in my opinion is not an investment because it is no different from the money we hold
It is difficult to say, but stablecoins are gradually becoming very popular and many investors like to keep their investments in stablecoins, therefore, I think that a lot of companies will create stablecoins, and in my opinion this is very correct and reliable.
What makes crypto interesting for investors is the ability to buy low and sell high, this doesn't happen with usdc, usdt, TUSD and others, it doesn't make sense to keep stable coins, they are only useful if you are a trader
Just because Polishpay and other payment providers accept stablecoins like USDT and USDC as payment doesn't mean that Stateblecoins are going to be the future of Crypto. The reason why payment providers opt for stablecoins is that Stablecoins are almost non-volatile and holding them doesn't incur any loss. The only purpose stablecoins serve is avoiding severe loss during market crashes/dumps in the volatile market, apart from that I don't see any use-case. We already have quite a handful of Stablecoins and Crypto market doesn't want anymore Stablecoin to serve the same purpose.
Stable coins can't be the future of crypto, it will always be side by side with volatile coins because of its usefulness but to say the truth people prefer volatile coins because of gains, you can't make profits from stable coins, you can't mine table coins either
Yes as if some cryptocurrencies do not support a fiat transaction, stable coins will become the solution. And Also in times of volatile market stable coins are the choice of every trader in uncertain times. I think In future we may see government backed stable coins on blockchain unlike petro dollar which isn't widely accepted.
Evreyday more and more payment providers accept stablecoins like USDT and USDC as payment. Will they be the future of crypto?
Yesterday PolisPay just added 3 stablecoins as payment for the first time.
https://twitter.com/PolisPayApp/status/1247319714130546689
Future stable crypto ,not a future crypto this coins is only use as alternative to usd so people can trade normally without the need of having it in fiat money. The good thing about usdt is if you have that amount in a moment that the market crash you can easily buy back the coins you want to buy. Without the needs of deposting your fiat money traders like it because in time like unexpected crash there is always a problem depositing using bank transfer and other method. Yesterday PolisPay just added 3 stablecoins as payment for the first time.
https://twitter.com/PolisPayApp/status/1247319714130546689
Evreyday more and more payment providers accept stablecoins like USDT and USDC as payment. Will they be the future of crypto?
Yesterday PolisPay just added 3 stablecoins as payment for the first time.
https://twitter.com/PolisPayApp/status/1247319714130546689
Why not? it can be an alternative payment system too that will be fully transparent and it's not even controlled by a single entity like another model on the payment system too. Yesterday PolisPay just added 3 stablecoins as payment for the first time.
https://twitter.com/PolisPayApp/status/1247319714130546689
Im feeling so good to see that caused by we will see the real adoption that will be happening in the crypto. Stable coin becomes the next online stable currency that will be much better than fiat especially to be used in this pandemic.
I like them because there a good way to hold coins in crazy times for example in the crazy crash that happened due to the corona virus recently..
I converted all my bitcoin to tether and It saved me thousands of dollars
I converted all my bitcoin to tether and It saved me thousands of dollars
Everyday more and more payment providers accept stablecoins like USDT and USDC as payment. Will they be the future of crypto?
Yesterday PolisPay just added 3 stablecoins as payment for the first time.
https://twitter.com/PolisPayApp/status/1247319714130546689
Yesterday PolisPay just added 3 stablecoins as payment for the first time.
https://twitter.com/PolisPayApp/status/1247319714130546689
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