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Stable Coins are a Threat for Bitcoin?
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Topic: Stable Coins are a Threat for Bitcoin? (Read 1989 times)
yulionoo
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Re: Stable Coins are a Threat for Bitcoin?
October 30, 2019, 06:14:44 AM
#81
in my opinion stable coins will not threaten bitcoin because they both have different functions and uses. Stable coins like fiat money are more stable and are often used for payment instruments because they are more secure and transparent. while bitcoin is a coin that has high volatility so bitcoin is more suitable for investment. so I think stable coins won't threaten bitcoin. the presence of stable coins in the crypto market makes the crypto market more crowded.
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