How to make money by stablecoin

[calandra78]

USDT is good for storing the value of money we have in daily trading. I even save 40% of my assets in USDT which I use to trade every day. if you think you will benefit from investing in USDT then you are very wrong, it will only happen if the USDT exchange rate rises against fiat in your country. and in the crypto market, none of that will be a problem.

[Youghoor]

We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Why will you waste your time investing in a stable coin? As the name suggests, it has no specific tendency to increase its market value. Stablecoins are just a means of storing your funds with no risk of losing the value of your funds.  Stable coins are just pairing crypto coins to volatile crypto coins on exchange platforms to ensure some equilibrium and also help in knowing the rate at which the value of the other coins changes. Don't waste your time investing in stable coins. It is stable........  

[btcdie]

Stable coins are created to help traders or investors, to facilitate exchange transactions and secure assets when the trend (bear) comes. but tends to traders like BTC/USDT. This stable coin is very helpful for traders. USDT is like fiat money like you currently hold, but it is based on a blockchain. the benefit of using stable coins like tether is fast transactions anywhere, rather than using a slow bank. maybe you can make a fortune with stable coins if you play at a price of $0.95 - $1.01 but that doesn't make sense. Stockpile assets in stable coins that means you only save and not investment.

that I know generates profit from stable coins, which are:
1. Trading (like BTC/USDT),
2. Gambling,
3. Investing in a project using stable coins,
4. Making their own exchanges (or third parties to help someone make a deposit / withdrawal with some fees).

[crazy-pilot]

Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.

[tranduong123]

We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Nếu bạn đang đề cập đến cách các nhà phát hành stablecoin kiếm doanh thu, tôi có một vài ý tưởng.
- Thu phí bán hàng và mua hàng: Các tổ chức phát hành stablecoin thu phí bán hàng và mua để đổi lấy tài sản thế chấp như tiền tệ fiat.
- Tạo thị trường: Stablecoin có thể được sử dụng để tạo thị trường trên các sàn giao dịch, thu lợi nhuận từ chênh lệch giá.
- Cho vay ngắn hạn: Cho vay ngắn hạn là một mô hình kinh doanh có lợi nhuận lớn, các nhà phát hành stablecoin được hỗ trợ bởi các loại tiền tệ truyền thống có thể tham gia vào nhiều trường hợp cho vay ngắn hạn.

[anog]

In order to reap profit from a stablecoin, you need to trade. If you are only holding or hoarding USDT (for example), you are not investing but saving. Savings in the form of USDT might not be a good idea since you are not receiving interest, well except you put it in some form of investment providers (casinos, exchanges, etc.).

If you decide to trade, you can profit from it just from trading BTC/USDT pair back and forth. For example:

- Buy 1 BTC at 8,500 USDT
- Sell 1 BTC at 10,000 USDT
- Rebuy 1.11 BTC at 9,000 USDT
- Sell 1.11 BTC at 10,000 USDT

Your profit would be ~11,111 - 8,500 = ~2,611 USDT

Well, this is the same as trading altcoin/btc so that stablecoin can profit?

Many in this thread say stablecoin cannot profit us, I disagree.

[meliodas]

Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.

You already said the keyword, it is a 'tool'. So you can convert your fiat money or physical money into stable coins where you can use it as a tool to buy cryptocurrency in the internet to do trading. You can easily buy low and sell high with the different big exchanges that can multiply your capital and help you to build your wealth.

[Landak]

We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

The way to get profit on stablecoin is that you must have a lot of capital to be able to get the profit. it is indeed difficult, but what is played here is not the price of the stablecoin but the pairs of stablecoin/crypto (usdt/btc, usdt/eth), a little capital will be hard to get a profit. If I see transactions order history on Poloniex and Bittrex, many people trade in that way, so trading on stablecoin can still be profitable. most of them use trading bots to make it easier to get profits

[matchi2011]

Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.

You already said the keyword, it is a 'tool'. So you can convert your fiat money or physical money into stable coins where you can use it as a tool to buy cryptocurrency in the internet to do trading. You can easily buy low and sell high with the different big exchanges that can multiply your capital and help you to build your wealth.

Yeah right , there's alway a good way to earn from this market though stable coin can produce profits but a tool to take advantage of those market
movement. If you know how to take advantage and you are willing to take the risk pairing your coin to anything that have potentials.

Take time to understand the market, stable coin indeed is a good tool if you go further.

[ivan1975]

Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.

Of course stablecoins are mainly trading tools but lately the DeFi market has been developing very actively.
With this market you can get passive income from stablecoins even without trading.
For example, DAI stablecoin at the moment gives ~ 6% per annum.

[starblocks]

Stablecoins aren't meant to be profitable and are generally used for trading and hedging against market volatility, however, some new currencies do incentivize users like Coinbase's USDC which offers 1.25% interest yearly but make sure you choose a trusted custodian for your assets

[arimamib]

I don't think Stablecoin can benefit quickly, a number of reasons have been explained. maybe if it is used for long-term investment it might be profitable but I don't think it will benefit much. stablecoin is more suitable for storing funds owned

[Rodeo02]

Stablecoins aren't meant to be profitable and are generally used for trading and hedging against market volatility, however, some new currencies do incentivize users like Coinbase's USDC which offers 1.25% interest yearly but make sure you choose a trusted custodian for your assets

The only option is use that stable coin every time you will earn from other altcoin or bitcoin. This means that every time you trade and see a profit you need to convert it mmediately into a stable coin and then rebuy back when the price goes down.

[mu_enrico]

Well, this is the same as trading altcoin/btc so that stablecoin can profit?

It's similar but not same, why? Because we can say that we "invest" in an altcoin and cross our fingers so it can go to "the moon."

If we put our money in a stablecoin, it's called saving. The only way you can get a profit from a stablecoin is by putting it in some kind of investment plan, such as DeFi, exchanges, casinos, etc.

[Sacramentus]

Basically we know stablecoins does not add in vallue but one can make profit in trading them across with bitcoin or other pairs with altcoins. Apart from this, I can't think of any other way to make money with a stable coin

[Kezacky]

Well, this is the same as trading altcoin/btc so that stablecoin can profit?

It's similar but not same, why? Because we can say that we "invest" in an altcoin and cross our fingers so it can go to "the moon."

If we put our money in a stablecoin, it's called saving. The only way you can get a profit from a stablecoin is by putting it in some kind of investment plan, such as DeFi, exchanges, casinos, etc.

yes, I agree with the man above. that using stable coins is the same as saving money in crypto as a savings goal. different story if you save for profit then like btc, eth or other top coins, like the points I said before

https://bitcointalk.org/index.php?topic=5198340.msg53108192#msg53108192

but in this case, I'm not saying if a stable coin will not be profitable for investment.

[ðºÞæ]

We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Put yourself in a situation where you bought $1,000 worth of USDT. That's 1,000 USDT. Now start using your brain. Does owning and holding 1,000 USDT gives you profit in order to increase your $1,000 worth of investment?

In order to gain profit you obviously need to trade or invest using your 1,000 USDT. It's like asking if you can catch a fish without going fishing. May Oden grant you op with common sense.    

Common sense is hard to find in this day and age.
Stablecoins have a (on average) guaranteed value loss of 2-3% or much more in case of hyperinflation.
Bitcoin has a coin emission halving every 4 years, supply of newly mined coins cut in halve.

[Doranile432]

We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

You can't make money of stable coin, the only thing stable coin is good for is trading, retaining the price of token by changing to stable coin and when token loses value you can buy back which will gove you higher quantity due to price drop

[Wysi]

Stable coins are not like regular crypto wherein the value fluctuates often and I don't think there are much earning opportunities through stable coins as it used to pair while trading and covert our crypto asset during trading or validly situation wherein we don't want our asset to be affected by dump or bearish market and that's the way stable coins benefits the user and when it comes to Dai I am not sure how beneficial it can be as it shares interest with users but I have not used it I use tether stable coin for converting my assets. Stable coins are not created for the purpose of investment by users.

[Ridwan Fauzi]

If you think that stable coin is an investment place then you're wrong about it. It is like money fiat, when you store in any safe place then in a few years a head the value of them will be same. Its function just store your money safely ( as a of store value) and it is different with cryptocurrency which is have a high volatility price.

But there is a function of it for crypto user, you can use it as trading pair when you are trading. I also recommend to use it when you trade, at least it will safe your money when the crash is coming. Other than that, you can use it as a sending money tool especially for sending money to different countries. You can cut a shipping cost compared when you use WU or etc because its fees is really high.