I think almost everyone of us have contemplated the benefits of introducing fiat pairings with cryptocurrencies on the exchanges,
i honestly don't see benefits in something like that. all i see are disadvantages.
deposit and withdrawal of fiat are hard, time consuming, easy to scam/charge back/etc, and very expensive. on top of it all when fiat is involved KYC/AML and lots of restrictions and then taxes will also be involved. and nobody (not users and not exchanges) want that.
but we do not see any progress from any exchange or even a hint of it from them. What are the possible reasons one can think of non introduction of fiat pairs?
it is just my assumption but maybe because people don't want that. maybe that is why most altcoin/fiat pairs don't even have a decent volume and the rest have smaller volume than altcoin/bitcoin pairs.
Will fiat pairings help altcoins save themselves at a time when bitcoin is going down or the fate of all cryptocurrencies are simply tied with bitcoin forever?
as long as they are called
altcoins and everyone is buying them with sole purpose of making profit on their bitcoins, things will remain the same.