Bitcoin Forum

What are stable coins and why do we need them?
This is one topic that catch my attentions. I have this article about stable coins and they are attracting big league investors. Will quote some part of the article.
"stable coins are designed to keep their price fixed, making them immune to manipulation trading. It could be argued that price stability will help to bring about the mass adoption of cryptocurrencies, as they are seeming more reliable and, therefore, attractive to major financial players. The recent IBM deal — along with other investments mentioned in this article — partly confirm that assumption."

Three types of stable coins can be outlined, depending on the type of collateralization they entail.

1. Fiat-collateralized
2. Non-collateralized
3. Crypto-collateralized

To know more and read the detailed article. Pls chck this link.
https://cointelegraph.com/news/island-of-stability-stable-coins-keep-attracting-big-league-investors/amp

Decentralized crypto currency can not be stable in nature. They have no controls, no one is supported in the price and is not provided with anything, and their price is formed only on the basis of the ratio of supply and demand, and they are never permanent. Among the crypto currency, only Tether is stable, since it is in fact a digital counterpart of the dollar.

Stable coin is a good and healthy concept for the investors and exchanges must have it to guarantee a flawless trading experience. USDT is the most used stable coin but not the most trustable one for sure. IBM's idea is good and many will support and use its coin, who don't trust such a big company?

I think any stable coin is designed for keeping its price fixed and thus it can help the mass adoption of currencies. Yes fiat is stable but with having some limited features.

USDT is a stable coin.. But when do you use USDT coin? You use it only to convert your other coins temporarily, but no one holds USDT..

The number of people not holding USDT just indicates that market doesnt needs a stable coin - not right now atleast

Actually Crypto market is fully unpredictable market based on this most of the coins vary their price because of demand and supply also when the demand is high or low the price fluctuate so it is really tough to find the stable coins but in market we need this types of coins.

How the crypto currency can be stable, if it is not backed up, I do not understand.

Because crypto market's development is unstable, how can we find a stable coin ?

Cryptocurrencies like Bitcoin, Ethereum etc. have high volatilty which makes it inconvenient for us to use cryptocurrencyto fulfill our daily needs. Stable coins are just global coins which are not tied to any central bank, and it reduces the volatility thus we can use cryptocurrency in a more convenient way. That's why stable coins are needed in cryptocurrency.

I agree. The cryptocurrency market is never stable if the government does not control the price of the market. There are still so many whales in the world that are manipulating the price of the cryptocurrency market every day

From my point of view it a very important thing. To know about stable coin is very important. I think stable coin is used immune the manipulate trading. Its price is fixed. Because of this reason it helps to bring about the bunch adoption of cryptocurrency. Recently IBM deal can portrait many thing.

i think you are right, but i also think that this is not a good thing if we want that people start to use btc as currency.

In my own experience since I joined in cryptocurrency world. There is no coin in the market that is stable, all are unpredictable or unstable in nature. That's why others find it hard to deal with crypto because of its unstable condion.

Non decentralized coins though stable but it is also its weakness since if the center of its administration have encountered a huge problem then the whole system will be affected. It is also not true that it will not be prone to manipulation, it may be true to the value but the manipulation of supply or corruption by the management is prevalent.

Very simple, like USD in real life. Stable coin is an intermediate currency, and there is a very small price change

I think there is no such word stable in cryptocurrency world. Everything her is unstable, you have to make sure that you have knowledge enough to the coin you are going to invest.

Stable coins,are most tradable coins,minable, a utility coin, i say this because, coins on daily basis are been removed from the coin market cap,as a result of the coin not been patronized,used or tradable,..

Stable coins are needed in this market but it is really difficult to bring any stable coin in this market. We know that the market of crypto currency is very volatile and to have any stable coin is quite impossible here.

Agreed, but what would you suggest to prevent whales manipulations other than that?

Stable coins are most likely to be trade. So, we can always rely on them since their price is fix. These nonstable coins, you can expect how much your profit will be. Unlike the nonstable coins that you cannot compute your exact profit.

If you look closely the crypto market and compared it to stocks currencies and other valued and tradeable stuffs then you can see its high volatility. But if you are looking for a more stable coins inside the crypto market only then you can pick the top coins like bitcoin, ethereum, litecoin and others.

Well there is no stable coins because all cryptocurrencies has a volatile value is it may rise or fall from time to time so there is no stable coin in crypto.

Right now, there are no coins that can be termed as stable coins. This is because the market is still in a dip and it is slightly going for a bull run. It is happening but at a slow pace. On top of that, the price is fluctuating a lot.

It is as simple as there is no permanent in lofe but change, bitcoin or other coins varies on its users therefore if people or the investors have stable thinking probably all coins may be stable. Even currency is not stable, it differs on value, on exchange and such. All in all, it is better to ise bitcoin in trading because of its potential, or somewhat it is good to invest in bitcoin.

I never like stable coins or used it. I don't know why but I can't trust in it anyway. If I have to sell my BTC and wait, I always going for fiat trade.

Every Crypto coin has the function of fluctuating of price in the industries, which can not be predicted the price movements, because of the trading price fluctuations, therefore i still prefer bitcoin as a stable coin base on the session.

coins which are not increasing price randomly or fall down i think called stable coin. Stable coin ensure that are more valuable for investor and it is committed to profit. Stable coin are more essential for crypto people.

Stronghold recently released USD stablecoin for stellar with IBM:
https://coincodex.com/article/2062/stronghold-releases-usd-stablecoin-for-stellar-partners-with-ibm/

A stable coin is a coin that is connected with another stable asset for value addition which can be gold or even dollars etc. This allows crypto currency to be practically used in real life against expenditures of everyday life. Coins like ETH and BTC being severely volatile.

Stable coins are needed in dozens of coins that appear on the market today. Because of its stability, we will be relieved in all the worst situations of trading.

Cryptocurrencies use a decentralized system, so everything is never stable, if bitcoin can last up to 15 years from now or market has reached more than $ 10 trillion then bitcoin will be stable.

Volatile market of currencies often scares the investors away, the main of aim stable coin is to create a stable market for currency trading where investor don't have to worry about losing all their assets. The three types of coins mentioned in the article should get stabilized as soon as possible to make the market better.

maybe the one in the mean of the stable coin is the coin that goes up the price is not too far away, but that's my opinion, sorry I'm new here.

any money has no way of developing it. If there is a good way to develop long term

I agree that stable coins are heavily helping crypto as it shows that the crypto currencies are only the tool that can represent anything, it's not only bitcoin. I support stable coins for sure

Stable coin define as a fixed price coin but this stable coins is not good for investors because they not get good returns. decentralized coins is volatile and they move according to market supply and demands. so if we think to invest in stable coins then we get only fixed income not good return on over investment so beneficial coin is decentralized coin because theie price is volatile.

We can really treat the giant coins as a stable one because for sure they can survive whatever happen in this market. Volatilty is very high with some other coins, traders love it but of course as a hodlers you want more a stable one that keeps on growing.

Currency stability depends mainly on whether the economy of the country is stable. At present, the relatively stable foreign currency has USD, Euro!
More than 80% of international trade and foreign exchange transactions use the US dollar as the currency of valuation. The US dollar is the most active currency and plays an absolutely important role in international trade and finance.

I also do that to support stable coins.
I know stable coins would having a big helps to crypto.
Represent anything, such as crypto collateralized.

I think there is no stable coin in cryptocurrency because the price is very volatile.
But volatility is not a bad thing, you can make profit from it.

A “stable coin” is a cryptocurrency that is pegged to another stable asset, like gold or the U.S. dollar. It’s a currency that is global, but is not tied to a central bank and has low volatility. This allows for practical usage of using cryptocurrency like paying for things every single day.Coins like Bitcoin and Ethereum and highly volatile. On any given day, it is common to see an increase to 10-20% or even a decrease. That makes using most cryptocurrencies for daily transactions inconvenient. Imagine paying $5 for your flat white (my coffee of choice) today and finding out tomorrow that it should have been $4. Price changes like that are shocking for a consumer. The adoption of stable coins will be be a catalyst to the new decentralized internet becoming mainstream.

Stable coins price fluctuation range is not too high and this coin prices are not manipulated by others and they are also acceptable and stable in the market.

I did not checked in by myself but I was hearing from many of guys around here, that Litecoin is keeping relatively stable during all the corrections, so probably it is good to invest in it in term of long-hold.

If you find any crypto coin that it market is stable, know that the coin is not decentralized.
Cryptocurrency is all decentralisation, if you are think of having a stable coin,  then it means you are thinking out the box.

If Crypto currencies market is stable, there won't be need for traders, because you won't make any profit (money) for trading or holding any particular coin.

Stability is not about crypto actually. Yes, the long term goal should be a stable solid price for crypto, but now it's impossible. All these stable coins with a fixed price like Tether, I guess, attract so much investors attention mainly for the one purpose - to sit out the market dip and to speculate.

I think there's no such coin that's stable in price the market in cryptocurrency is very volatile i don't think there will be a coin that's stable

now there is such a market that there are practically no stable coins, all depends on the price of bitcoin and ETH, therefore, it is basically necessary to watch them)))

Until some serious regulations are applied to crypto currencies they will never be stable. The price can be hugely different from day to day, influenced by news and even rumours.

I think for now there is no stable coins for now because crypto currency is not totally accepted in different countries. But soon there is possibility that it will be happening.

in fact it is true that the price will never be stable until whenever. because the current situation and the first is different, especially when this is also interested in growing and there are also who do not like the existence of coin. so it sometimes makes the coin price up and down.

Currently there is no stable currency in the crypto market, they are always fluctuating in the supply and demand markets. So choosing a potential coin is essential for you.

IMO, stable coins are the cryptos in which the exchange rate always holds at a specific value. As all the currencies in the world are converted to USD. And in the cryptocurrency market at the moment, USDT is a stable coin. The exchange rate is always stable at 1 USD = 1 USDT and is safe crypto to preserve capital when the market fluctuates in the exchange rate.

In terms of price there is no stable value of decentralized currency because their value is depending on the demand and supply, but i think to determine the stability of a coin is those coin are continuous moving forward with a good value which is we can used for long period of time or until in the future, of course bitcoin is the main coin which is very strong and stable, next for me is Ethereum and BCH these coin is can be used in the future like what bitcoin feature right now,

If we want to see mass adoption of cryptos it is important for the market to become stable, but right now, that's only a possibility. In future cryptos price may become stable in governments intervene which will definitely attract all the investors and create a stable market and community.

a stable coin can also be on the blockchain, though its emission will be manual

Yes if bitcoin used as currency it will be stable because there is no unstable currency. The stability of the currency is certain because currency is used to buy an item/pay a service if it’s not stable then it will be difficult to determine the price of goods/services offered.

There are few stable coins right now, just like ARBITRAGING but for me as an investor and hunter. I can say that We cant say that a coins will remain stable coins.

It is not something cryptocurrency will achieve soon. As long as crypto is seen as a way of earning - stability is hardly attainable.

All these existing stablecoins are focusing on a hard pegged solution which provide very little incentive to provide any ROI if people hold their capital within them. They are mainly used for the sake to hedge their capital in and out of volatile cryptocurrencies.

It's obvious that if anything of them require collateral then they are centralized and higher risk to decentralized solutions.
There are less than a handful that claim they are decentralized, and at best they are more a pseudo-decentralized version. Collateral and 'reserves' are not much different from each other in the fact that they 'require' trust.


There is a new design in development that doesn't utilize any sort of collateral or reserve token. It's truly decentralized - no trust is needed.
The whitepaper was just released last week.
The protocol is much different from other non-collaterals like Basis, Fragments, Kowala, and Carbon.
It's a dynamic peg. Price can still fluctuate but volatility will be controlled by both the coin holders who can vote on price stability or by allowing for an algorithm to automate the process.

BitBay will be the first coin in the entire industry that will have solved crypto 1.0 and crypto 2.0
Crypto 1.0 being the ability to completely remove the middleman from transactions.
Crypto 2.0 being price stability so that the coin can be used as a currency.

Of all the other stablecoins., none of them have yet to solve crypto 1.0, which will most likely take them years to develop and test if they were to mimic BitBay's trustless marketplace.
Since BitBay's price is not hard pegged, the potential ROI for actually holding the coin is literally exponentially higher than other hard pegged currencies. This is especially the case for fiat backed stablecoins where governments continue to devalue their prices by printing more than they can back.

Imagine using a hard pegged currency like tether to hedge against bitcoin's price volatility. You can only make money by correctly guessing you hedge in and out of bitcoin's ups and downs. You most likely lose money in the transaction from the exchange spread. Although it would be a small amount it's still a loss and would increase depending on the amount of equity traded.

Now imagine a soft pegged currency like BitBay as a hedging tool.
For example, you think Bitcoin is going to drop in value over the next few days. So you sell your Bitcoin for BitBay. And then it turns out you are correct. Now the rest of the 'herd' is in fear of their equity and they too sell their Bitcoin for BitBay. Yet this higher demand from the 'herd' causes the price of BitBay to go up in value. Now you foresee that the Bitcoin correction is at it's bottom. So you sell your BitBay for Bitcoin. So now you've increased your ROI because you sold your higher bitcoin for a lower BitBay and then sold your higher BitBay for a lower bitcoin.
If you miss your window of opportunity to renter Bitcoin at a lower price, then you can stake the capital you hold in BitBay for a variable ROI that is currently averaging around 2.7% APR. No hard pegged currency is going to reward you that much. And you have the assurance knowing that if the price of BitBay tries to drop your capital will be protected by it's dynamic peg algo that stabilizes the supply and demand on the exchanges. If this causes some of your capital to freeze in the process of waiting, then your temporarily frozen coins can stake for an even higher variable APR.

Hard pegged coins can't even remotely begin to mimic this other than weakly through a spread that most likely works against you.



Now imagine you want to cash out some of your profits. You use BitBay's cash for coins smart contract (already built into the wallet), that mimics like a "trustless"  private localbitcoins.com transaction.
All these other stablecoins in existence can't compete against that. They are all dependent on a 3rd party service to allow for transacting with any level of pseudo-security.

Peg release is set for late Q3 to early Q4 2018

Whitepaper: http://bitbay.market/downloads/whitepapers/bitbay-dynamic-peg.pdf
Website:  BitBay.Market

I think these coins are the most stable at right now:-

DEX
EOS
IOTA
WAVES

I think these coins are the future bright.

I don't understand how crypto coins can be stable. After all, in the script there are no auxiliary organs for this coin and they are not tied to anything. Their price depends on supply and demand. So there can be no stability now.

Not all FIAT is stable ... consider some currency of a country nobody is interested in holding ... this particular FIAT currency is volatile and any other currency is potentially volatile


One way to reinforce stability in crypto
https://bitcointalk.org/index.php?topic=4711998.msg43221250#msg43221250

I must disagree.
Decentralized cryptocurrencies should be controlled by everyone, not nobody. USD is backed by the "full faith of the US government". Decentralized cryptocurrencies are backed exclusively by their users. This prevents price control from falling within the hands of a select few, who ultimately will manipulate it to their advantage or fail to regulate the supply.

In the end, people can lose faith in the custodians of their currency (or it's pegged asset).
But they will never lose faith in their own personal judgment of value. This is why a decentralized and non-collateralized stablecoin will always be a better system.

For a stablecoin to sustain itself, it must not have a permanent and fixed price. It must adapt to the economic demand applied to it, coinciding with the change in value of goods/services.

With a decentralized and non-collateralized peg, (like BitBay's mentioned above) the price can move at a healthy and steady rate, giving investors a place to park (and grow) their profits while also providing users with a medium of exchange.

Your list is based on the cryptocurrencies that we have in this time but what is about the future? I think there should be the place for the future strong coins.

I tend not to trust large companies, nor small companies for that matter. The whole thing about cryptos is to be able to have formal veryfication to avoid trust.

to me, stable coins or tokens are those alt coins that are able to maintain a certain range in value.
for example, the tokens never drops below 5$ irrespective of the massive dump

those are tokens that should be refered too as stable, strong and reliable.

Stable coins are those coins that have a good and promising team and they fulfill all their plans on time. I think so.

I think almost coins are stable. But Bitcoin is most stable coin in cryptoworld.

Eth and Neo and Tron and Iota all these coins are stable and long-term coins these coins have future in terms of profit and steady growth

Stable coin is controlled by the government itself. High volatility market holds by people or community itself. I prefer cryptocurrencies in the long term if mass adoption will happen very soon. We are all rich as hell.

There are no stable coins at all, forget about that.

This topic is very interesting !!!
Almost everyone wants to know this information from the right people.
I would like to get some information, I have learned in the past as follows:
You can refer to some coin as follows: USDT, TUSD.

I think a stable coin is a coin that does not go beyond certain low price in the market irrespective of the incredible dump going on around it

Just like Neo would go below 20$ and bitcoin cash wouldn’t go beyond 400$ too
Still there are uncertainties surrounding crypto

These coins are in the pause as well like Btc and Eth. They are not able to start increasing in the current situation on the cryptocurrency market at all.

With the recent trend in the market, we have seen that anything can happen and the price of  a coin can reduce beyond reasonable doubt, and for this reason, I would like to think that there is no such thing as stable coins. The volatility of the market is someething to bother about, and something that no one has control over.

It is too hard to find really stable cryptocurrencies on the current market, I suppose that there could be cryptocurrencies like Eos, Waves and Neo, which are able to have an impact on the cryptomarket and improve it in the common way. It will be very useful doing for everybody here.

I think it's hard to talk about stability when all the Crypto currency is not stable. There are no stable coins, we can be sure only in bitcoin for now. And it's unpleasant how long he will last in the market.

Hey, friend, I think your question is ridiculous.
First of all, the encryption market is unstable, so why should the stable cryptocurrency be said?
The decline in the market has dumped a lot of cryptocurrencies.

I do not trust stable coins. Profits on them do not get, because they do not have the volatility, security and guarantees they, too, in fact do not. Why are they even needed if there are trading pairs with this fiat?

From this year's encryption market, I found that the higher the value of the cryptocurrency, the higher its stability, such as Bitcoin and Ethereum. Although their current prices have fallen very badly, they are indeed the most stable cryptocurrency. And I believe they will be more valuable in the future.

It is quite hard to find a stable coin because the market is quite volatile.

The encryption market is very unstable nowadays. People can't predict the future of the encryption market. Of course, I don't think there is any most stable coin. There is a risk in investing in any coin. I think I think I will invest in high quality coins. I will accept the risk

It seems to me that there are no stable coins on the market. All coins always fluctuate then up, then down. You will never find a stable coin on the crypto market!

Actually, you can't find stable coins in crypto. Because the market is changing every time. Previously ETH and BTC have some stable values. But in the current situation, we can't say about that.

I think that the presence of the stable coins will really add the trust for each investor to put their money in the cyrptocurrency. Many people including I myself still ask about which are the stable coins in crypto. For, I think that many coins are still fluctuating and I don't see yet the one that have been stable coins. I think your information will be very useful for us.

Top 10 coins on the table chart are the stable coins. They have some reasons to make they are on top. You can choose one in top 10 to invest. Every coins has its advantages or disadvantages. You should choose wisely.

absolutely true, the community does affect the price of crypto currencies,
and makes the price of votality large and risky,

Is it just me, or does any other person think that there cannot really be anything like a stable coin in this market? Correct me if I'm wrong, but the market is known for it volatility and so, there is no such thing as a stable coin. At some point, the coins manifest in a way that is unstable.  I think anyone that talks about having a stable coin, is just trying to cajole anyone to invest in the coin.

But it will be very difficult to be stable because there are still a lot of big whales still able to manipulate the price in the market. We can only support it but the big whales will keep manipulating the price in the market and we can’t do anything when the big whales do it.

According to my knowledges about stable coins, they are important for exchange users, exchange operators, and for the cryptocurrency market as a whole.

Cryptocurrency and the stability of it antonyms. Do not look for it here because most likely this will never be in this world

High volatility is a feature of cryptocurrencies. no stability is out of the question in the next couple of years or months. It is not necessary

Maybe if the coins are stable you‘ll not be able to get a big profit in a short time. If coins are stable then everyone will u (http://yubster.com)se it like a regular currency and many people set the price through coin paymnts.

There is no stable coins because it flanctuate and going up. But its so hard to find a good and stabe coins that can get your trust and make your profit good.

I think BTC and the ETH have a very stable and the established price at this moment. I hope its price will be growing again and it's will be the future bright.

The topic  is kind of misleading, have actually thought it would be coins that will always rise in value, unfortunately no coin nor altcoin is stable, the world fiat is just like having cashed out your money into your local bank, no value added nor removed.

It's really true to you friends and I agree.

In cryptocurency there is no stable, in the real world like gold is also not stable and surely the price is always up and down.
What's more about cryptocurrency that is anonymized and open to everyone.

I think the most stable coins are Bitcoin and Ethereum. They have all stood the test of the market. They are kings and strong. I think it is very important for investors to hold stable coins for a long time. Bitcoin and Ethereum Is a trustworthy coin

Stable coin are coins that can keep it price at a particular range

Crypto market needs stable coins for mass adoption as now the market is volatile . If we wants more merchants to accept
crypto than stable coins are the solutions.

These are the coins that are not subject to growth and fall.
These coins serve only as a bargaining chip,  nothing more.

Ripple is the most stable Altcoin than any other Altcoin. In addition with the increasing development of owned Ripple can afford to continue to make the Ripple as main coins are highly profitable and making it a prosperous coins.

The crytocurrency needs a stable coin. For example, like the tether coin. When the market is experiencing some bad downtrend, many users are trading their tokens in exchange for a tether coin or a stable coin to keep its balance stable. In order to avoid doing loss due to market down price.

Stable cryptocurrencies are coins with less variable token price. A good example of stable coin is Tether, since the beginning of 2018, tether has been on $1 and sometimes low of $0.98. The value of the token is same since its emergence in the crypto market. Another example of stable coin is TrueUSD.

Hey, anyone attending Stable Conf 2018 London? https://stableconf.com/

There are more and more stable cryptocurrencies.

Fiat backed Crypto USD:
Tether,TrueUsd,Paxos USD,geminiUSD,

collateralised:
Maker DAI.

I prefer Tether and TrueUSD.

This is an enlightening article, although I do not think that this is the time for stable coins, nowadays people are just using the coins as a means of investment. no one is using them for buying and selling so until people are ready to start using cryptos as a means of currency then there is no way that we will be using stable coins.

Stable coins are getting quite popular these days. Binance (https://coincodex.com/exchange/binance/) recently announced they are going to be listing another stable coin called Paxos (https://coincodex.com/crypto/paxos/) which is pegged to the US dollar:

https://coincodex.com/article/2416/binance-announces-paxos-standard-pax-trading-pair/

v
  It is very hard to find a stable coins like this situation that bitcoin market is fall back price.but you can try neo

Everyone or most people involved in crypto world I think are quite aware already that crypyocurrency will never be stable as the law of demand and supply dictates the value of every altcoins. Crypto world needs a stable coin as well to avoid huge loss as the market goes down.

In my opinion , stable coins are those campaign who gives token and distributed to their respective bounty hunters. Because as time goes by, there are lots of coins here in the market and you cannot assure that its the best coin.

Until quite recently, members of the crypto-currency community were even amused by the idea of a stable digital currency tied to the fiat. However, now the situation has changed, and today the so-called "stubble-eaters" are increasingly found in the lists of leading crypto-exchange exchanges.

I don't think there is a coin that is truly stable, cryptocurrency is essentially the case, because uneven ownership, fluctuations, volatility, price manipulation and things like that are crypto privileges, even bitcoin itself is unstable.

In the cryptocurrency market there are no stable coins, all assets are very unpredictable and their price constantly fluctuates in different directions. Today she can make you rich and tomorrow she can make you poor like you've never been. Invest in the right assets

Aside from tether( USDT) I dont think if there is a stable coin in crypto because even those coins that has big volume in coinmarketcap has experienced also huge decreased in its price, crypto can easily be manipulated by big investors.

I am. Although the content has changed a lot lately. It's more an insider event now.

Crypto-colletaralized has been stable in the cryptocurrency market, tether is a good example of this. The ultimate goal should be that we have a coin that will become stable and dependable having mature beyond cryptocurrency market volatility.

because of the trust about crypto by investors who are doing business development with good methods so that the coin is stable and the demand for altcoins is high in its users.

Here's a pretty useful list of all stablecoins with comparison chart:
https://coincodex.com/stablecoins/

true, if all coins are stable then we will find it difficult to search for trade too, it looks like coin stabilization will be difficult to develop and may be more suitable to convert

There's no point to trade if all coins are stable.

Just think of forex, each currency is also moving despite of its use as a local currency.

Stable acoins are my very best friend while trading, they help me to keep the value of my coins constant while the market is in a bearish session but once I see an uptrend, I quickly convert to a coin that would moon well, that is how I trade.

Unless there is a proper and constant verification and audit of the reserves.
Let's take the example of EURS (euro stablecoin). Each EURS on blockchain is backed by 1 fiat euro. If the price will go down and will be less than one euro, investors will buy and them come to STASIS  (stablecoin issuer) and redeem it for 1 euro. So, there will be arbitrage and the price will be pushed backed to 1. In case the price will be more than 1 euro for an EURS token, investors will buy it from STASIS and then sell it to the market and make profit.
In order to assure investors and holders that each EURS is backed by one euro, they provide three streams of verification. You can check them our here: https://stasis.net/transparency/

Well, for newbies, everyone needs to learn how to correctly determine the trend. This is usually the most common mistake. people think that this is the bull has started but this is false

Stable coins are usually tied to something, so they have no problems with growth or decline in the market, but not everyone is interested in such coins!

People are not interested on it as a currency but as a safe place to hide your money from the volatility of other altcoins and to use it to buy those coins whenever their price drop or sell if it rises enough.

If I should answer to this topic from my understanding, stable coins are coins that have little difference in their price fluctuations, for instance, like Tether USD, it has some level of stability which I can refer to as a stable coin, and there maybe some other ones which I may not have mentioned though.

I don't know for sure, but as far as I know stable coins are coins made for people who prefer to invest more safely if you are good enough to save assets and profits, but in my opinion if everyone does, the transaction volume will be smaller and that can make Bitcoin lower.

Not all currencies must be stable. It would be enough if two or three of the most powerful on the market. It would certainly have a good effect on the entire market. The rest can be used for speculative purposes until strengthen enough to achieve stabilization.

Closer to say as stable coin inside crypto market, but in some point of time Tether also lose some value against btc, but in most cases this coin is the most
relevant in term of being stable while the market situation is still down, you can trade your crypto coin to this if you are planning to stay away for a while then be back after you are ready again to deal with the market.

Stable coins are those crypto assets like usdt and dai that have stability and as for me it is something you should keep to buy crypto for lower price/ Don't avoid holding stable coins!

the crypto market is not regulated by anyone and price movements can be said to be very unstable because it can change at any time. Regarding stable coins, there is always an attraction for fans such as altcoin investors, with fixed price movements that allow investors to invest in altcoins that have many users, because they tend not to go down and not go up, or price movements only at fixed

Stability in cryptocurrencies is like stability in the stock market. It simply does not exist, there are huge amounts of money in the stock market, which today are trying to sway to make money, but not so much so as not to cripple the economies of countries.

Stable coins are those which are basically zero or a little volatile irrespective of the market price. One of the stable coin is like USDT which is very stable cryptocurrency and it is backed by USD. Also, some more stable coin which are also backed by Gold and their volatile occur in terms of Gold volatility.

A “stable coin” is a cryptocurrency that is pegged to another stable asset, like gold or the U.S. dollar. It’s a currency that is global, but is not tied to a central bank and has low volatility. This allows for practical usage of using cryptocurrency like paying for things every single day.

Some currencies offer ideas in their projects such as stability through products
For example, a wpp energy project gives a time schedule to stabilize its wpp token by linking the currency to the value of the product it will produce (HYDROGEN GAS (H2)​
if they do, it will be a wonderful step and I will trust.
 

The product will not create a stable value and it needs something that has stable value to create stable value for WPP token. SO many platforms have tried to do that and they are getting fail for that. I know havven and that's a similar platform that has the same idea like WPP but its fail.

Basically they are assets that have the characteristics of stability in price and are suitable for mid and shorter investment. I have seen a couple of stable coins in the market and more others coming. It's a realky helpful idea for almost all persons in the Crypto world