Will stablecoins be the future of cryptocurrency?

[Alohadanc3]

Stable coins are a very good concept in this space. And they are kind of useful. And now there is high acceptance for stable coin. And in future stable coin will take more market. But the future is very unpredictable. So it's hard to predict but still In my opinion stable coin has a great future. Let's see what happens in future.

[marks1976]

Stable coins are a very good concept in this space. And they are kind of useful. And now there is high acceptance for stable coin. And in future stable coin will take more market. But the future is very unpredictable. So it's hard to predict but still In my opinion stable coin has a great future. Let's see what happens in future.

Stable coin will be adopted by the merchants too and this si the best concept to be an alternative way for the fiat currency. It's easy to predict that the demand for stable coins are still increasing a lot and it's just a matter of time until it will be adopted globally.

[Google+]

I don't think there will be a cryptocurrency that will be stable, because I believe that cyrptocurrency price movements will always be there and no one can predict exactly how the price will move, whereas for now the best candidate in my opinion that is suitable to be used as a stable coin is USDT.

[Denreal]

I don't think there will be a cryptocurrency that will be stable, because I believe that cyrptocurrency price movements will always be there and no one can predict exactly how the price will move, whereas for now the best candidate in my opinion that is suitable to be used as a stable coin is USDT.

Sure, crypto can't be stable, but what is being discussed here is stablecoin being so popular in usage and might be what most people will sort after in future.
Most of those in the crypto space are here to make money. However, from the direct point of it, stablecoin cannot make you more money or profit. Although, it could be a measure through which profit can be made or as a hedge in adverse market condition. Holding it for long right not be advisable.

[coronga]

Not at all, stable coins are the same thing of fiat/government currency, it's good to send value but it's centralized currency, nothing centralized will beat the true and good cryptos.

[Jorge158]

Stablecoins will remain stable coins and serve their purpose as safe haven during market situations where investors remain indecisive about a particular movement. Other altcoins along with Bitcoin will spearhead the revolutionary movement of cryptocurrency making spending, sending, receiving, and storing of funds faster, cheaper, and easier.

[CuriousGeorge]

in my opinion stable coins are very meaningful to the world of cryptocurrencies,
especially now that Tether has entered the third rank in Coinmarketcap and shifts Ripple, surprisingly

It caused by tether was always printing more and more new USDT while ripple has decreased a lot on its value caused by the dump by the foundation. That makes the inflation of ripple is so high and USDT able to surpass it.

Stable is actually will be the future of cryptocurrency

[Buttercup123]

in my opinion stable coins are very meaningful to the world of cryptocurrencies,
especially now that Tether has entered the third rank in Coinmarketcap and shifts Ripple, surprisingly

Stablecoin is can be used like digital dollars. Im not surprised why stable coin is popular with this falling market situations, because stable coins is very helpful specially for traders it protects it from the usual volatility of the cryptocurrency market.

[vlast01]

in my opinion stable coins are very meaningful to the world of cryptocurrencies,
especially now that Tether has entered the third rank in Coinmarketcap and shifts Ripple, surprisingly

It caused by tether was always printing more and more new USDT while ripple has decreased a lot on its value caused by the dump by the foundation. That makes the inflation of ripple is so high and USDT able to surpass it.

Stable is actually will be the future of cryptocurrency

Tether is one or the most popular stablecoin and been used by almost trader in the cryptocurrency, I don't know how stablecoin has future because for me it is only used as a way to hedge against crypto market volatility due to its stability.

[Mealea]

Stable coin is real deal for now in the crypto space, it has helped in a way, we are been able to minimize our loss by converting our assets many times to stable coin but then no one can predict what the future hold for stable coin.

[Lordhermes]

Stable Coin May Not Be The Future Of Cryptocurrency Coin and Payment, But The Fact It It Remain Stable And Falls A Bit Can Intrigue It Usage To Be The Future Coin,  Look At Facebook Libra Stable Coin That Would Be Used In Facebook App.
Stable Coin  Could Be The Future Used Coin From My Point Of View Because Most College And Universities Will Likely Be Using Stable Asset In Dealing With School Charges And Payment Method.

[gaston castano]

What u mean future, if only for payment and for exchange money to stablecoin for avoid fluctuation market it will be, but if for marketcap, bitcoin and other crypto will still lead.

[studio1one]

As far as I know, many governments are trying to ban stable coins like USDT and others, if they become successful in doing so they would have no future.

[Kong Hey Pakboy]

Stable coins definitely has a future, but not in cryptocurrency because it ain't good as bitcoin and other top altcoins in the market. Stable coins are only good in making online transaction and using it as a safe asset because its just like fiat currency in digital currency.

[qiwoman2]

I personally believe stablecoins have a prominent place now and mainly as a hedge against volatility and inflation. Also with DEFI becoming now huge, many people will want to buy stablecoins and park to earn 8-12% interest annually from the various DEFI platforms offering these kind of rewards. I mean why would I want to keep money in the bank earning me nothing, just to make the Banks rich, when I can just buy a stablecoin and park on Nexo, or BlockFi, Binance or wherever else, and earn a nice round daily or monthly interest for lending out my stablecoins? This will attract many old school investors into this place, boomers with money laying around gathering dust, and that's just one angle.

[Chuky92]

In my own opinion, we only have one coin which is the future of the cryptocurrency space and that is Bitcoin. Talking about USDT, although it is the best stablecoin so far (or so I thought) but I think some people still don't trust it because of the various news and so forth about it. Although the stablecoins are very important to help curb the issue of volatility but that's where their useful nature ends however in the case of Bitcoin, it is something different which is all about trust and decentralization which has been seen over the years; this trust and decentralization in question is what a good number of projects lacks.

[Franco772]

Stablecoins are really easy to use, in different situations.
This is a good use case for cryptography and blockchain technology

[tiang_tower]

Stable coin is real deal for now in the crypto space, it has helped in a way, we are been able to minimize our loss by converting our assets many times to stable coin but then no one can predict what the future hold for stable coin.

Yes, in general stable coins are very suitable for holding temporary assets, because stable coins are a bit less suitable for trading, because the price increases and decreases are not too far like other Altcoins.

[coinfinger]

Stablecoins do have a future in the cryptocurrency world and as you can see every single day that USDT number is going higher and higher, I remember it being just one billion or maybe even less and now it is above over 9 billion dollars, it was under 6 billion just at the start of 2020 if I am not wrong.

So, I think they are getting a bigger and bigger portion of the pie. However people are here mainly to make money, and you can't make money from buying USDT and holding it, that will always worth 1 dollars and never change. Which means people will buy usdt and it may even be ranked number one eventually, yet nobody will actually consider it number one since the only thing we need USDT for is bitcoin itself, without bitcoin USDT worths zero to us.

[pandanaran]

StableCoin is often used for payments because they are not much different from the dollar and also different from other crypto currencies. as we see when the market situation deteriorates but some stable coins can still maintain their value. but I don't think stable coins will be the future of cryptoqurrency.