How to make money by stablecoin

[Mila52]

Some platforms offer support for stub price of stablecoin by other assets, for example platinum, gold, diamonds. Often, on these platforms  is charged for storing your stablecoin with  small annual percent.

[angrybirdy]

Some platforms offer support for stub price of stablecoin by other assets, for example platinum, gold, diamonds. Often, on these platforms  is charged for storing your stablecoin with  small annual percent.

Is it staking?
If it is, it is the only way to make money out of stablecoins.
Unlike in ordinary cryptocurrency which we can use to trade for short or long term trading to make a profit due to its volatility.

[kodtycoon]

at least price movements will always happen even though it is a stable coin, so making money from stable coins is actually almost impossible because profits and slow movements are what make you difficult. so in this case a stable coin will only be appropriate if it is adopted as a means of payment and those who are mining to make profit from this coin

[cudora]

First of all, they are making money on commission fees, for each transaction, you are paying a certain fee which go straight to them. Secondly, a lot of stable coins are not completely backed by fiat money, so they are releasing tokens and buying crypto.

[enhu]

You can make money with stable coins by trading in BTC/USDT. This is not rocket science anymore, if you have been in the bitcoin market all there is is the pair BTC/USDT, look at here https://coinmarketcap.com/currencies/bitcoin/markets/

This is because the fluctuation is to be monetized thru the use of stablecoins by trading. Buy BTC  ith USDT in low price and then sell BTC when price is high, if your USDT increases that means profit.

[ATSgrowth]

You can try to trade stable coins, for example when 1 Tether goes below 1USD there is very big chance that price will come back to this level again.
Or you can give your stablecoins to a NEXO platform and they will give you up to 8% interest per year.

[tenakha]

You can make profit with stablecoins depending on which pair you trade with. It does not make sense to hold or earn with other tactics. Instead trading with the USD itself would be more profitable.

You can try to trade stable coins, for example when 1 Tether goes below 1USD there is very big chance that price will come back to this level again.

The price can usually change 0.01%, so millions of dollars are needed to make a profit from this kind of trade. This can only be a waste of time.

[xiboothrezi]

Although stablecoin aren't might for investment opportunity to gain return on investment, you can still profit (to use your exact words, 'make money from them') on rare occasion like when the value of the stablecoin falls below it's stable form ($1). This is a very risky investment decision so you should applied caution as the possibilities of loosing all your funds is very high if the stablecoin doesn't recover.

Some stablecoin (most especially USDT) experience down times when the value of the stablecoin decrease due to fud cause by manipulation or foul practices. You can gamble on the possibilities of it returning to it's stable form (which it usually does) and buy the stablecoins. It have happened on numerous occasions that the price of USDT falls below $1 and returns back to $1 or rises few cents above $1. To profit from stablecoins in this situation, you'll need large capital because it wasn't created as an investment vehicle instead as a store of value to minimize losses in bear market conditions.

Yes, because basically Stablecoin is not devoted to investment. But with other utilities such as fast transactions with low costs, it can also be used in trading strategies and safeguarding assets when the market is not conducive, etc. If we only use Stablecoin without other sales strategies, it is not investing but saving because there will be no significant change in value.

[beerlover]

People talk about how they would actually lose money by holding stablecoin and how investors can't make money with stablecoins but they are forgetting about the trading chances the stablecoins create. Sure you can't make money by "holding" stablecoins, that is not possible but if you have 1000 usdt and buy bitcoin at 7k then sell it at 10k and get usdt and then buy it again at $8k you have used stablecoins to make money.

If you can do it with fiat directly and have an exchange that allows you to buy and sell crypto with fiat directly then you don't need stablecoins for sure but places (specially exchanges with ton of altcoins) can't really allow you to do fiat trades directly which is why they have options of stablecoins where you can use them instead of fiat.

[Convery]

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.

It is the problem of Fiat money. If you understand why there is an inflation you wil realize that it has a sense, but the problem is when you do not understand it and you you save whole life and then you find out that you have almost nothing.
Cryptocurrencies were created to be an alternative to this banking system and we can choose democratically, whether we use it or not.

[Teraboy]

Some platforms offer support for stub price of stablecoin by other assets, for example platinum, gold, diamonds. Often, on these platforms  is charged for storing your stablecoin with  small annual percent.

Is it staking?
If it is, it is the only way to make money out of stablecoins.
Unlike in ordinary cryptocurrency which we can use to trade for short or long term trading to make a profit due to its volatility.

It just like get interest from your stable coin. I know some platforms and one of them is DAI which used stable coin as a loan and the lenders will get the interest from their stable coin.
It's very small but that's the only way to make money from the stable coin. That's so easy to understand about that.

[qiman]

If you stick some stablecoin funds in NEXO, they give you 8% INTEREST APR and they pay the interest in your NEXO account daily. This is very good if you have some Tether or other stablecoins they accept on their platform just sitting there doing nothing. Say for example you have 10k USDT sitting, you can upload to NEXO in your account and earn 800 USDT interest. Does any bank give you that kind of return? I think it is a veyr good rate of return and passive style of incoem for anyone with extra stablecoins.

[Kevondo]

If you stick some stablecoin funds in NEXO, they give you 8% INTEREST APR and they pay the interest in your NEXO account daily. This is very good if you have some Tether or other stablecoins they accept on their platform just sitting there doing nothing. Say for example you have 10k USDT sitting, you can upload to NEXO in your account and earn 800 USDT interest. Does any bank give you that kind of return? I think it is a veyr good rate of return and passive style of incoem for anyone with extra stablecoins.

I must say, the rates are highly impressive. The interest returned is actually a big number. Well, no bank is that kind and generous but then again, banks are systems that do not need to make their way in this world. Stablecoins are concept. They need to work hard to get into the market. For luring investors, such high interest values are more than enough. To be very honest, there is nothing wrong with holding them either. Good opportunities should be availed.