Binance stable coin

[IvugeoEvolutionCoin]

A stable coin is a stable coin to the best of my knowledge. Not necessarily to trade against profits and losses but rather balance trades and hedge funds in a market as volatile as cryptocurrency market. It doesn't really matter the ticker or owner of the stable coin because it will still behave as on

[guoyu78]

There is a high probability that by the end of the year this coin will cost more than 80 dollars.  Some analysts' forecasts are encouraging.  Judging by the Binance team, how quickly they develop their plans, that's how it will happen.

I think you are talking of the Binance coin itself and not the stable coin they intend to release. The way Binance coin is really going, I believe truly that they might spike that high and most especially with this new stable coin they are coming out with which I believe will be backed by BNB, which means for them to still have that stable coin, the user must have also bought BNB, Binance is doing everything possible to generate traffic for their coin and they are doing it perfectly. The IEO is already established and people can’t get to invest in any IEO without purchasing BNB, some of the factors like these are what will keep growing Binance.

[Altryist]

I can not give more ideas about it because it is known to everyone that the crypto market is unstable. Therefore, in this crypto market no currency can hold its value steadily. But it can be said that BNB coin is always increasing its price trend. Even their future development plans are being extended, so here are more investors and holders.

Noticed very true, not a single coin can be stable, take for example the strongest, bitcoin and ethereum, as we see, all have a period of rise and fall, so using the word stable in cryptocurrency is not entirely correct.

[mikelsmith2020]

Guys what do you all think about the most stable coin vs Binance stable coin.

Never thought of Binance coin as a stable coin, if you're going to take a look at Binance coins price you'll see how the price of it changes and if you're going to compare it to a real stable coin like USDT you'll see how volatile the price of it rather than the price of the USDT on the market.

[Rasa nanas]

in my opinion a stable coin is a coin that has a fixed price, meaning that the price of the coin will not be affected by the state of cryptocurrency. in other words it's like fiat money.

[bittick]

I can not give more ideas about it because it is known to everyone that the crypto market is unstable. Therefore, in this crypto market no currency can hold its value steadily. But it can be said that BNB coin is always increasing its price trend. Even their future development plans are being extended, so here are more investors and holders.

Noticed very true, not a single coin can be stable, take for example the strongest, bitcoin and ethereum, as we see, all have a period of rise and fall, so using the word stable in cryptocurrency is not entirely correct.

You just don't get what stablecoin is. Stablecoin is a coin backed up by fiat money whether it is USD or GBP whatever and by that will reduce the volatility. You say cryptocurrency is volatile, yes thats true but stablecoin is a different matter since most of them are centralized, manager by big company or organization with real money to back up every coin existed.

[Roukawa]

Binance is conquering it all, they have BNB that is skyrocketing, they are the biggest exchange in crypto, they have developed their own blockchain, their own decentralized exchange and now with stable coin? And in the meantime they are also preparing for the launch of Binance.US.

[Hanvis]

Capitalization of Bnb are relatively small. 4.9 billion against 28.8 billion Eth, of course, Ethereum will grow more slowly than Bnb. But in the long term Ethereum will bring profit more than once. And Bnb, for example, could hack again, and this hack could do huge damage to the token economy.

[tins]

If compared to USDT, I think that the stable coin of BNB is still challenging to grow as USDT. Because the current demand for USDT is huge, all exchanges have paid separately for it

[Akoldi_ibk]

Ohh, I thought that you are joking about Binance's stable coin but I just looked at the news and it's recent.
https://www.coindesk.com/binance-confirms-stablecoin-offerings-coming-soon-report
https://www.ccn.com/binance-stablecoin-first-hurt-tethers-dominance
Their coin will be backed by British pound, so it won't rely to dollars I think they're up into something just to change the game of the market.

Yes, I have read this article, nowadays more and more stable coins and according to the article above Zhou has no plans to make stable coins supported by the US dollar.
At present, Binance looks fast to develop their projects, there are many new tokens exchanging in the Binance chain and I think this situation will increase BNB prices in the future

This is another dynamism I love about Binance. They keep setting the pace and always take a lead in bringing new approach to norms. I see some other projects following the same pattern once they see its success. However, I feel people are used to dollar conversion and might be something unusual for some people checking their portfolio in pounds.

[tenakha]

It will be similar to BNB. It will be even better, because the stable money market is much smaller. While the mention of Binance's name can affect most coins on the market, consider its own money. It is Binance and whatever they create will attract attention.

[InwardContour]

For now I've seen nothing so special about the Binance stable coin. Also, I need clarification on something, what's the BTCB Bitcoin Bep2 all about, token pegged to Bitcoin? It sounds weird to me. Binance has been doing great in all ramifications anyway, so hopefully their stable coin won't be left out. CZ has really been hardworking.