For mass adoption of crypto, stable coins will play an important role as merchants are not willingly accepting volatile coins and that could be a problem. Stable coins are important for traders as well, so they have a future.
why do traders choose stable coins? they trade to get a profit, if the stable coins they choose then the benefits can be a little. I myself choose assets with high trading and fast price movements every day. it's risky, but making profits from trading like that is faster. 
Topic: Will Stablecoins have a future? - page 6. (Read 16442 times)
For mass adoption of crypto, stable coins will play an important role as merchants are not willingly accepting volatile coins and that could be a problem. Stable coins are important for traders as well, so they have a future.
Yes stable coins have a future because there are many coins in this industry but the most important coin is bitcoin and this is very trustable coin and the king of all the coins and this is very profitable coin in all the coins and this coin future is very best.
Stablecoin is a rather convenient instrument as it allows to use USD equivalent on blockchain. You can easily send stablecoins between exchanges or to other people with a small commission fees which cannot be said about the real USD.
The stable coin will be a stable coin, and the coin will have a future as I think the stable coin can be a bridge between crypto and fiat in the banks. Maybe in the future, there will be many other stable coins will come out to fill the needs in the cryptocurrency because cryptocurrency itself still growing. But stable coin will be up and down too like the other coin because the stable coin is one of the cryptocurrency.
Of course, I now very often see how many companies are switching to Stablecoin because it is much more profitable and more reliable, I don’t know how long it will all be so popular, but I think that the demand for Stablecoins will be huge in the future.
Stablecoins have been considered among many investors to be a safe-haven for crypto's volatility. Ever since Tether (USDT) emerged, several other stablecoins have launched in order to provide people with a wide variety of options to choose from. However, the stability of stablecoins is yet to be questioned since we've seen how Tether has gone below $1 in the past.
NuBits used to be a stablecoin too, but now it has lost its peg to the USD. Which means, that the same thing could happen with most stablecoins out there, since they're traded on a free market.
Nonetheless, do you believe that stablecoins will have a future? If not, why?
NuBits used to be a stablecoin too, but now it has lost its peg to the USD. Which means, that the same thing could happen with most stablecoins out there, since they're traded on a free market.
Nonetheless, do you believe that stablecoins will have a future? If not, why?
Yes, a true stablecoin will certainly have a future and be very useful.
The only problem at the moment, probably largely because we are still quite early in the evolution of crypto markets, is that the existing stable coins do sometimes struggle to maintain the dollar peg, and are frequently sources of controversy. I suspect these problems will fade as crypto markets mature, so yes, I do think that in future stable coins will have a solid purpose.
Stablecoins have been considered among many investors to be a safe-haven for crypto's volatility. Ever since Tether (USDT) emerged, several other stablecoins have launched in order to provide people with a wide variety of options to choose from. However, the stability of stablecoins is yet to be questioned since we've seen how Tether has gone below $1 in the past.
NuBits used to be a stablecoin too, but now it has lost its peg to the USD. Which means, that the same thing could happen with most stablecoins out there, since they're traded on a free market.
Nonetheless, do you believe that stablecoins will have a future? If not, why?
This is indeed difficult to predict, as happened in USDT. Now the price of the USDT is in a stable situation and follows the rates of the USD. but I also feel less confident that this can last a long time. Again, crypto and FIAT currencies are different things. So the benchmark rates currently available might be regulated by the USDT dev and that might not last long. NuBits used to be a stablecoin too, but now it has lost its peg to the USD. Which means, that the same thing could happen with most stablecoins out there, since they're traded on a free market.
Nonetheless, do you believe that stablecoins will have a future? If not, why?
Facebook also is finding capitals to invest their stable coin FB coin. Such a huge company is doing this. Why he do a thing without future? Also some alternate coins have future too.
I suggest to people who want to invest in cryptocurrency to choose Altcoin that is in the top rank of coinmarketcap if you want investment and make sure the coin is safe, rather than coins that have just appeared in the cryptocurrency list.
If they have some good background company experience (professionalism) in proving that the coin will actually be ok for such long time then yeah i would consider it being stable for the future.
You should also check their news and white papers to see if it's ok
You should also check their news and white papers to see if it's ok
I think stablecoin's future is very difficult. Because the purpose of creating this type of crypto is to represent USD with equal value. It is just a crypto that is stable so that users can store and use it more easily. Of course, there is a need for stability with stablecoin so that users can use it more. So the stablecoin future, if any, is about stability and number of deliveries, not much about value change to make good profits.
For me yes, stable coins may have a good future price if its project continues to develop and showing a good product. Stable coins ay balance its price from fluctuation, decreasing and increasing its price to a good situation, so stable coins may have a good future and good to invest with.
I also like stablecoins because it is safe for any investment but i want to invest in volatility coins i am getting surprises when the coins is going up in crypto market and i can earn much more profit in the future.
It's needs to have good volatility and solid platform using them to be relevant, you can't claim your coin pegging USD all the time cause the market could go against the price, anyway stable coin is necessary for me to secure your investment easily when the market is bearing, pretty ideal
Stable coins would be an important part of cryptocurrency economics. With the unsuitability of crypto, we can't risk to put everything on a volatile coin while we can not even risk to keep on exchanging them to and from the fiat. So, stable coins are needed. Stable coins would be the future of day to day transactions. They would be the supplement to fiat currency.
Stablecoins are ideal to protect against volatility indeed. However, their stability is questioned since they're traded on the free market. Relative to Fiat, Stablecoins are not backed by the government which cannot guarantee a value of $1 USD all the time. There have been times where Stablecoins have gone below the $0.99 - $1 range, making them somewhat volatile.
This has been the case with Tether (USDT) when it was below the $0.99 mark for some time. While now it's within the $1 mark, it could go down anytime the same way as any other cryptocurrency. As for NuBits, it used to be a Stablecoin pegged to the USD, but now it's a failure. It worth a lot less than $1, at merely cents per coin. Investors who trusted USNBT, have now lost their fortune on a supposed Stablecoin that should've been worth at least $1 USD.
Despite this, it seems that new Stablecoins are emerging occasionally. Before, we had Nubits and Tether, but now we have bitUSD, USDC, DAI, TrueUSD, and even Gemini Dollars as Stablecoins for the world. Whenever they will be a success in the future, is yet to be seen. Just my thoughts
Anyone who have heard the news about facebook coin?
rumors say that they looking to fund it $1B.
https://www.coindesk.com/facebook-said-to-be-seeking-1-billion-in-funding-for-crypto-project
It is a stable coin.
rumors say that they looking to fund it $1B.
https://www.coindesk.com/facebook-said-to-be-seeking-1-billion-in-funding-for-crypto-project
It is a stable coin.
stablecoins are already an integral part of the crypto trade and that is why i think they will not disappear so quickly. they replace fiat money to facilitate the crypto trade. if stablecoins were suddenly gone, that would surely be a big and negative blow in the crypto market.
I feel like stable coin is just useful for this season where you need to use in daily basis, but when time comes that Bitcoin was fully adapted and being use for buying and selling products, the use of stable coin is no longer needed.its just that Bitcoin will never get stable which some might not want to they will still keep a stable coin. But for me, I like Bitcoin since it is volatile, it grows unexpectedly which makes it more exciting.
The future vision for stablecoins appears to be an optimistic one on all fronts, as they have the potential of changing the crypto scene (and improve mainstream adoption). Industry experts agree that they are the key factor in expanding the crypto user base. Stablecoins offer a solid relationship between digital coins and fiat currencies, one that can potentially free the sphere from all the perils of inflation.
As with most things in the exciting crypto world, the future of stablecoins highly depends on how well governments will establish governance over them. Even though there still a long road ahead, stablecoins can potentially replace the current fiat currency system. However, as mentioned before, to get there, the world of today needs a better defined global financial system.
As with most things in the exciting crypto world, the future of stablecoins highly depends on how well governments will establish governance over them. Even though there still a long road ahead, stablecoins can potentially replace the current fiat currency system. However, as mentioned before, to get there, the world of today needs a better defined global financial system.
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