Yeah, I strongly believe that stable coins are needed. Just imagine you have 1000 btc and there is a bull run. You predict bearish market soon and need to fix your profit. Cashing out isn't a good idea, so you need stable coin with liquidity to convert 1000 BTC. Next year will be a year of stable coins!
Definitely! Community needs to start using stablecoins more. Good think is that now more and more people are raising awareness on stablecoins. The main question next year will be which one is going to prove its worth in the market, and which one will truly hold its peg and manage to stay stable in all market conditions |
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I think it could be a wise idea for people that accept payments in crypto. For example I get paid in bitcoin for the work I do but if I am going to get payments in more stablecoins like usdt or similar that could be wiser for me in investment sense. Right now sometimes the money I make gets bigger because the price goes higher but sometimes it gets less because the price is going lower. However if I start to accept the stable coins such as usdt or usdc than the money I make stays the same no matter what, if you believe a future in bitcoin that is a bad move but if you believe it will go down that it is a smart move. That is one smart use case for stablecoins  |
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What I see is that the crypto currency has never been stable and never will. There may be some coins that will be used by people for payments such as hotels, meals or coffee. Even now there are already but if you are looking for coins that are stable in price it will be difficult, bitcoin that we often see has never been stable until now. You can't compare bitcoin, ether, and other altcoins with stablecoins. They are completely different in purpose and the way they are designed. All stablecoins are not the same by type (Fiat collateral, crypto collateral, non collateral/algorithm) but they are all striving to be stable in price. Most notable examples of price stable stablecoins are Tether and lately TrueUSD, but many more are emerging and it seems that the market is maturing and is finally ready to accept stablecoins. Take a look at this article. You may find it useful - https://medium.com/cp-processor/comprehensive-overview-of-stablecoins-819d183f6ac7 |
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The crypto world is going wild for 'stablecoins' here's everything you need to know about them ℹ️📖
https://blog.blockchain.com/
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/26/the-state-of-stablecoins/
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The crypto world is going wild for 'stablecoins' here's everything you need to know about them ℹ️📖
https://blog.blockchain.com/
/
/26/the-state-of-stablecoins/
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The crypto world is going wild for 'stablecoins' here's everything you need to know about them ℹ️📖
https://blog.blockchain.com/
/
/26/the-state-of-stablecoins/
|
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The crypto world is going wild for 'stablecoins' here's everything you need to know about them ℹ️📖🤔
https://blog.blockchain.com/
/
/26/the-state-of-stablecoins/
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