Stablecoins?

[nwosuchristabe2]

Stablecoin is the new order in the cryptocurrency space. Due to the volatility of the market, most persons are looking for a redemption. Stablecoin assures its holders that the value of the tokens will never be lesser than $1, this is very useful for traders who don't want to have their resources depleted, so they convert to stablecoin when the market is bearish.

[ajdar.muxin.79]

You won't get any dividends from investing in stable coin. For me it is just another way of how to stay out of the market.  If there is a rally I prefer to stay out and selling my cryptos for stable coins and when things are getting better, buy more altcoins.

[Teraboy]

You won't get any dividends from investing in stable coin. For me it is just another way of how to stay out of the market.  If there is a rally I prefer to stay out and selling my cryptos for stable coins and when things are getting better, buy more altcoins.

You will have no chance to buy back your altcoin again, imagine crypto can go to the moon instantly, when it was going to the moon and you will need more fresh money and that means if you must put more money to buy back your portfolios again.

[profitgenerator212]

Asides transaction uses, the best utility of stable coins which I often use is to hedge it against btc and ethereum volatilities after trade. It saves investors from risks and provide an excellent mitigation option during crypto to crypto conversion

[ned.ryerson]

Asides transaction uses, the best utility of stable coins which I often use is to hedge it against btc and ethereum volatilities after trade. It saves investors from risks and provide an excellent mitigation option during crypto to crypto conversion

it is important to apply this hedging in time. only very experienced traders have time to move to stablecoins

[septi.JR]

Stablecoin is a coin specifically created as a high anti-volatility crypto. Stablecoin crypto has stable characteristics, making it suitable for use as a value storage unit, especially in the short or medium term.

Behind the creation of the Stablecoin crypto is to provide the benefits of cryptocurrency with the stability of the USD volatility equivalent

[shadowduck]

Stablecoin is a coin specifically created as a high anti-volatility crypto. Stablecoin crypto has stable characteristics, making it suitable for use as a value storage unit, especially in the short or medium term.

Behind the creation of the Stablecoin crypto is to provide the benefits of cryptocurrency with the stability of the USD volatility equivalent

Not all stable coins are safe and worth keeping your money in them. I personally think that at the moment it is better to keep money in Bitcoin

[Dinmazsae]

Stablecoin is also a crypto currency designed to weaken the volatility of volatile values, relative to some assets or a set of "stable" assets. Stablecoin can be pegged to currency, or to exchange useful money, such as precious metals or industrial metals. Stablecoin that is supported by a currency or supported is approved to be centralized, while those who use other crypto currencies are referred to as decentralization. Stablecoin which is supported by Fiat can be traded on the exchange and can be exchanged from the publisher. Stable maintenance costs are like supporting reserve storage prices and reserve prices, license support, auditors, and business infrastructure needed by regulators.