Anyone working on any ideas for stable coins?

[Amel]

A stable coin needs huge financial backed up, popularity and acceptance in the cryptoworld even in the few countries. Development is not very vital here. You can find more then 3000 coins are already in the market but stable coins are only handful turn.

That's right, and if the developer doesn't have enough power it will be difficult to reach the target. The most difficult thing is to form a market capacity that is much influenced by investor confidence and a wide network. Most people are also more interested in unstable coins or tokens to maximize the chance of volality.

Maybe only a group of whales can build new stable coins, because for development we need huge capital. Not only that, the development of new coins must also be based on innovative goals which can later increase investor confidence, if only making carelessly then the coins will compete with other coins of the same because new innovations are needed towards the foundation of goals.

[BigBoy89]

stable coins can not be much, in theory. Of course, you can try to create them, but 1 out of 1000 will stand.
And a coin can only be stable if it has very big support, big capital
the market is very volatile

Stable to what? Stablecoins are called that because they are supported with their fiat equivalent. They are not stable to the general market. Stablecoins are stable to the fiat they are paired to...

A coin paired with USD could not be called RUB stablecoin as RUB is volatile to USD.

[VSYNC_]

stable coins can not be much, in theory. Of course, you can try to create them, but 1 out of 1000 will stand.
And a coin can only be stable if it has very big support, big capital
the market is very volatile

Stable to what? Stablecoins are called that because they are supported with their fiat equivalent. They are not stable to the general market. Stablecoins are stable to the fiat they are paired to...

A coin paired with USD could not be called RUB stablecoin as RUB is volatile to USD.

Not necessarily.  Stable coins don't have to be collateralized.

[ðºÞæ]

stable coins can not be much, in theory. Of course, you can try to create them, but 1 out of 1000 will stand.
And a coin can only be stable if it has very big support, big capital
the market is very volatile

Stable to what? Stablecoins are called that because they are supported with their fiat equivalent. They are not stable to the general market. Stablecoins are stable to the fiat they are paired to...

A coin paired with USD could not be called RUB stablecoin as RUB is volatile to USD.

Not necessarily.  Stable coins don't have to be collateralized.

Thats right just made up fantasy numbers (rings some kind of bell).

[efxtrader]

I do not want it.
If we look at stablecoins that have been circulating, a lot of them. What I'm still confused about is why should there be another stable coin if the function is only to secure assets? only 3-5 stablecoin is enough.
On the other hand, stable coins must be backed up with FIAT or valuable commodities such as gold, which must be in large quantities. If we want to talk or develop a stable coin without the above, forget it. There you will only make scam coins.

There are many stable coins on the market for several reasons, one of which is a company that issues stable coins. Every company that wants to issue stable coins must have a dollar in the bank as a back up. In addition, some stable coins use a different network, some use a BNB chain and some use an Ethereum chain.

[cichaescut]

Stable coins is a payment alternative for regular payment options. There are already so much crypto currencies, especially stable coins that have absolutely no use case. It would be much better to finally develop a working altcoin.

[CarnagexD]

USDT is currently the best stable coin.It is included in many currency pairs and is secured by $.Why reinvent the wheel if it already exists!).There are enough stablecoins now, so it seems to me there is no point in creating a new stable coin.

No doubt with USDT as it is pegged to dollar for 1:1 and other  fiat currency equivalent. But as of now, I haven't read or know yet any projects that will ensure stable coin's use. I guess stable coins are already in place for being a safe haven for the market, that would do for now but if there will be any idea to work with stable coins in efficient way that would be great in general.

[mirgo1791]

as one with works of developer gains of popularity the service might helps on reference of growth on value with the token price and collects as drawing gives with contrast of shifts on chance as collecting returns on investment.

[VSYNC_]

as one with works of developer gains of popularity the service might helps on reference of growth on value with the token price and collects as drawing gives with contrast of shifts on chance as collecting returns on investment.

This comment is clearly created by a bot.  This is a selection of random words with "of", "as", "and" and "with" in between them

[awakpane]

Stable coins is a payment alternative for regular payment options. There are already so much crypto currencies, especially stable coins that have absolutely no use case. It would be much better to finally develop a working altcoin.

You must not misinterpret it. the purpose of a stable coin is a coin whose price is basically stable on nerves. and the volume increases. indeed to measure the extent to which a coin is stable is rather difficult. but at least we can see in terms of graphics and turnaround in the market.