Bitcoin Forum

You should use stablecoins.

For example, EURS allows user to efficiently send money across borders, utilizing the speed and peer-to-peer nature of blockchain transactions while also providing a stable store of value. Whether you're doing payroll for your business or just paying back a friend for coffee, EURS lets you send money instantly with no intermediaries.

More info: https://raidofinance.eu/analytics/view/173

There is no borders for crypto currencies,we can make the transactions anywhere in the world if we have enough funds for paying the miners and high fee transactions will get most priority.

"stable store of value" until the point it's not legal anymore  ::)

When you are transferring money from one wallet to another, you have options to chose from and these options depends  on how fast you want the transaction to be. The faster the transaction, the higher the amount you will pay.

The topic here doesn't really align with the body of your write up. I was expecting to see means to speed up crypto trading, which sounds weird kind of. How does using stable coins speed up crypto trading? I was expecting you to recommend the best trading apps you use personally and some newly found techniques to trade, probably advanced bots or so.

But some exchanges charged insanely high deposit and withdraw fees for stable coins. It's sometimes better to transfer with low valued popular altcoin to make it fast and with low fees. I mostly use BCH, Litecoin or Dogecoin.

Has EURS guaranteed that the speed of transactions in seconds can be completed? because if for everyday transactions in my opinion crypto money cannot be done yet, but stable coins guarantee the same value must be certain

I curious to see this thread but im a bit surprising after i was seeing this just another kind of promotion thread. OP the speed doesn't important but what is really important in stable coin was to help us securing our profit.
Basically, in trade especially when you are using centralized exchange it's not important.

Dang, i thought this thread will be a discussion thread lol. Never heard about EURS before but i will check it later. To speed up the process of crypto trading is easy though, just spend more money on transaction fees on your transaction and poof, your transaction will get confirmed so fast.

Crypto is great, There are always many ways to be able to enjoy it to be safer in transactions.
 but after I see more details it is just like any other market And that can be our reference because there are now many markets for crypto transactions..

What the? You mean backed by euros? I'll just believe it if they can provide proofs that they have 1:1 reserve.

It's usually peg on the value of the certain currency.

Don't be easily lured in stablecoins as even tether can't support their claim that they're backed by usd.

A click bait and he got us.

I think you are PR for EURS but I really find it to be no different from USDT or USDC. It is just a normal stablecoin and still has the same transaction speed as other altcoins.
In order to compete best, they should promote in the European market, they will buy more.

I am a bit confused as to what you are talking about because from the topic you created, you are referring to crypto trading, but from the content of your post, you are referring to making transactions on the blockchain. Well I think any coin in the crypto market can be used to make transactions, most persons make use of Bitcoin because it is the first coin that was available for transaction and more accepted worldwide.

I mean that usually you pay large fee every time you buy crypto, and the stablecoin bridge allows you to significantly reduce fee because you don't need to enter fiat

https://eurs.stasis.net/transparency/ - yes, they have 1:1 reserve :-)

I wrote not just about EURS but about stablecoins generally.
Of course, they have the same transaction speed.
But it's faster than transactions like FIAT <-> BTC.

why you really need a stable coin if there is paypal, payza and much other things and nowadays most of the banks were allowing you to send money online?

Because crypto transactions are faster than paypal.

Yes, it's my flaw...

i wouldn't use stablecoins unless they are fully regulated and passed the requirement by the government, after seeing what happen to tether it gave me doubts about stable coins.

Bitcoins lightning network can do the same too, but it's decentralized and with privacy, there are altcoins out there offer almost instant trasaction and with low transaction fee, there's no point having to receive the money instantly if your not gonna use it.

It seems to me that the cryptocurrency process accelerates if it is legalized.  Then everything will be based on real money and everyone will then really think.  And now for now this is a roulette game.

All crypto market is a kind of roulette game...  ;D

Stablecoin bridge is the same service as I can see. :-)

Well don't get me wrong but if is possible i will send money EUR or USD to exchange and i preffer to keep on fiat money until i trade because if something happen with stable coins i not lose nothing.

You're right generally.
But transactions FIAT <-> Crypto are slower, than Stablecoin <-> Crypto.
You can't do effective sculping via fiat.

I understand your sarcasm.
But all crypto marker is a kind of game...
And stablecoin is just an instrument with its advantages and disadvantages...