Topic: Will Stablecoins have a future? (Read 16442 times)

Agree. Stablecoins retain the value of $1 USD, which makes it impossible for anyone to gain some extra profit within a bull market. Still though, Stablecoins are a good way to protect yourself against the dreaded inflation inherent within many well-known cryptocurrencies today. The most rock-solid Stablecoins in the market right now would be Tether, DAI, and TrueUSD. Investing into them, would allow you to gain the benefits of traditional Fiat currency we know and love today.

While the system is not perfect, it certainly holds a bright future that will transform our economy for the better. Banks and other financial institutions have become interested in joining the Blockchain space. Even some Stablecoins have been regulatory-compliant, issued by renowned companies in the crypto industry (like Gemini's GUSD). There's a huge probability that in the future, Stablecoins will be the norm of our economy as they slowly but surely replace traditional Fiat in many ways.

Nonetheless, crypto is still in its very beginnings. The concept of Stablecoins may have gained some traction since its inception, but it still needs adoption within the mainstream world. Hence, if there's no adoption or demand for such coins, then traditional cryptocurrencies will remain the top choice of people for many years to come. Just my opinion

yes definitely the stablecoins also being important for the future because we do not trust the unstable currency in all the time so they will perform only better in the future to make our investment to stay in a single position without any problem.

If stablecoins can be transparent and undergo a compulsory audit, they will have a future. Stablecoins who do not make an audit will have big problems.

nevertheless, it is stable coins that can be coins for accumulation and not for investment.  In addition, you need to pay attention to the importance of such coins, in the period when the cryptocurrency market is in very poor condition.  I think that we all noticed price fluctuations on such coins, when many users of cryptocurrency are trying to minimize their losses.

Stablecoin? I think it will never be stable if we talk about cryptocurrency. And we don't need and most of us don't want the stability of any crypto. Crypto is amazing on what it already have and even it's main characteristic of crypto it's being not stable so you don't have to find stable coins or trust to the coin that who will tell that it is stable.

Stable cryptocurrencies are used for pumping the shitcoins by smalle exchanges from my experience. Even Bitfinex caught when they used the Tether for pumping the BTC years ago. I don't believe the stable coins that not pegged 1:1 to USD.

Many already left in crypto didn't bothered whether it's stable coin or not, it's a matter of risking and patience once we enter in crypto, there's always a future as long as we keep learning and studying every platforms and projects.

Stablecoin have a good future because it is safer and can be better.
but we don't know what happened so I don't understand it too much.
people do their best because they want to secure and don't want to lose.

Those who converted their crypto funds into stablecoins have missed out on the 100% rise since mid december last year. I'm sure a lot of those people that did that in fear of further losses regret it strongly now.

Yes because stable coins are too useful . from what i know their primary use is for preventing your cryptos to fluctuate .  there are now lots of stable coins thesedays and like cryptos they are also competing to other brands therfor i think not all stable coins will have a good future because some will also left behind and only the ones that is popular or indemand will be remain to be succesful.

I suppose it depends on how good their project is and their purpose is to say that there are such tokens in the future and especially if there is no dumpers in their member or holders with the hope that the tokens or altcoins will increase in price we can not say that because of today's risky size and can not control the downfall of altcoins because maybe in bitcoin when it crashes it also falls on the price of altcoins.

Agree. The ever-growing amount of stablecoins on the market, is like the exponential growth of altcoins on crypto land. We don't need thousands of stablecoins to get to the USD or any other Fiat currency. Only a few stablecoins on the market will suffice. Speaking of this, Tether is the first stablecoin that came into the market, but its operations are quite shady. Other alternatives like NuBits and DAI are good but are sometimes volatile on the market. The former, has lost its peg to the USD making it completely worthless.

On the other hand, USD Coin seems to be a better option these days, but it faces the risk of volatility the same way as other stablecoins on the market. Still though, while this system is not perfect, it has brought the convenience of Fiat into crypto land which is highly beneficial for traders and investors alike.

Nonetheless, there might be a bright future after all for stable coins if they become properly regulated on the market. Just my opinion

So agree. With mass useless coins there is no trust to to stables. Literally all new ones from end of 2018 has back code which allows freeze funds. SO you gotta be careful what to trust 

I think that if the governments of the world one day were to massively engage in cryptocurrencies, it would probably come in the shape of a stablecoin of sorts. Maybe linked to the price of gold or silver.

Will stable coins have really a future for now? I think stable coins have a lot percentage rising in the near future because if the stable coins for now have the same value when the bull market comes the coins will really arise also so if it is stable it will arise very high. But if you want early earnings and profit it is better if you start trading for now so that you will gain extra profit although it is a little but gaining some profit than gaining nothing is better. If you start daytime trading for now I will probably refer to you some good trading platform which is darb finance, In this trading platform you can easily deposit and withdraw cash without any hassle than other trading platforms. Many trading platforms right now only in the first 2 weeks is legit but when it goes deeper it would be hard to withdraw. So what are you waiting for? Start trading.

I think it depends on the token you want to buy because there are stable altcoins but there are not too buyers and the volume is small I have encountered and heard such news so many are losing due to the wrong selection of altcoins but how do we to know an altcoins if there is a future or not even stable it can be said that the project will see it if it's beautiful and it's also visible in the community and being active by admins and support groups because it's a great help to learn Investors know what the project is doing if it is good or bad.

of course they will have a bright future, likened to their stable prices with USD or other FIAT currencies of course if bitcoin drops then it will be a good buying opportunity because their coin prices are stable, so when the price of bitcoin is pumped then those who hold bitcoin will very lucky when I returned to buy a stable coin.

all have the potential to continue to bloom, but the difference is how they will develop.
and in my opinion coins are quite potentially big in the future because today many people like them because their value is so good that the project is easier to develop.

of course all coins can have a good future as long as they can develop their coils better then they can make their use comfortable and can be better in the future especially in my opinion, it is rather difficult because I can only buy and sell it for me because the system the mechanics are different from other coins.

Well, you are right about this. I remember how so many coins appeared every hour in the market during the crypto boom back in 2017. All these projects were not so much good and majority of them had been scamming people. They disappeared during the prolonged bear market which was actually good. Stable coins might have demand but those with good projects would only stay around and the ones with weak base would vanish.

Stablecoins will be having future only when there will be enough trader cum crypto adopters grow in numbers. I mean stablecoins are useful only for the people who want to move fiat value which is the need of traders. So, future of stablecoins will be depending on them in more percentage.