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Author Topic: Success for crypto will be bitcoin losing its crown to a stablecoin?  (Read 287 times)
Lanatsa
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November 15, 2021, 06:52:54 PM
 #41

Stablecoins are not going to beat Bitcoin because Stablecoins are very stable cryptocurrencies due to Stablecoins to maintain fiat currency reserves or retain large amounts of cryptocurrency tokens to issue lower amounts of stablecoins.
If I see Stablecoin will be widely used as a means of payment in the form of crypto currency. The price of USDT will affect the price of Stablecoins, I think Bitcoin will remain the most popular cryptocurrency of all time.
Don't know on what people been thinking and we know that Stablecoins aren't something that could replaced up on what Bitcoin did into this community and also demand will be always the thing matters.

We've seen that there might be some significant volume or liquidity but doesn't mean that Stablecoins would take over.I would rather be seeing this as a tool on which investors/traders

do tend to get rid or avoid volatility on which why there are some liquidity inclusion to it.It did really just have that wrong idea.

R


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