Is there something I don't get about USD possible losing it's value?

[Balmain]

Hey guys, is there any stable coin that supports Chinese currency aka Yen? We have BUSD, USDT, USDC that are backing the United state dollar, what about China's very own currency?

Also what do you think about USD future? Is it possible that USD might lose value on coming months? Will stable coins start to lose it's value? I am holding BUSD for dips on BTC but I still have alot, waiting for 12,000$ per BTC before buying but the scary news about USD losing its cool scares me.

Maybe the dollar hegemony has come to an end, this is not certain, but it seems to me and many economists say so. Investors generally want to hold Dollars because the interest rates are increasing at the moment. This way, the dollar appreciates, but it will eventually depreciate drastically to DXY. Anyway, I think you should not keep your money in one stable coin, you can share it with other stable coins at the same rate and you will feel more secure.

[tvplus006]

...So if OP is holding USD it is appropriate but in the long run it is not a solution and OP waits for bitcoin to reach 12k USD I think it is very unlikely. If you want to buy, now is the right time to buy. waiting is not a good way because the market cannot go as we expect.

It is possible that the price of bitcoin will not decrease to 12 thousand dollars, but there is no doubt that it will continue to decline. In such cases, it is necessary to buy in parts as the price decreases. So DCA remains the right strategy to get a good average purchase price.

[Chainsmokers]

Hey guys, is there any stable coin that supports Chinese currency aka Yen? We have BUSD, USDT, USDC that are backing the United state dollar, what about China's very own currency?

Also what do you think about USD future? Is it possible that USD might lose value on coming months? Will stable coins start to lose it's value? I am holding BUSD for dips on BTC but I still have alot, waiting for 12,000$ per BTC before buying but the scary news about USD losing its cool scares me.

don't worry about the USD losing its value, because it will never happen for now, it is proven that everything is still dependent on the USD,
even now the inflation that is happening in the United States also has an impact on the whole world, including Asian and European countries,
is still far away if you think USD will lose value, so stay calm and just focus on your investment.

[SirLancelot]

is there any stable coin that supports Chinese currency aka Yen? We have BUSD, USDT, USDC that are backing the United state dollar, what about China's very own currency?

Haven't seen one but there are now CBDC's which represent each country's currency and I think china have created one of it already. I think it's called digital yuan.

Also what do you think about USD future? Is it possible that USD might lose value on coming months? Will stable coins start to lose it's value? I am holding BUSD for dips on BTC but I still have alot, waiting for 12,000$ per BTC before buying but the scary news about USD losing its cool scares me.

USD future is going to be gloomy because it is said that U.S has an unpaid debt and there are talks that they may not pay it. Apart from that, we are also facing a recession and then inflation which can also affect it. Not only USD but I think other country's currencies are also going to be affected with it. Their value can also decrease. Stable coins are backed by dollars so it is possible that they can also lose a value. I think this is alarming since many people are using them now. Maybe what happened with algorithmic stable coins can happen again.

[Coyster]

Also what do you think about USD future? Is it possible that USD might lose value on coming months? Will stable coins start to lose it's value? I am holding BUSD for dips on BTC but I still have alot, waiting for 12,000$ per BTC before buying but the scary news about USD losing its cool scares me.

Well it is not like the USD is going to vanish or go extinct in the future, it is too strong a currency for that to happen, prolly the strongest fiat currency in the world, thus the only thing i know and think about the USD in the future is that it is going to lose a lot of its value as a result of inflation which is currently a global issue with no end in sight.

Having said that, of course if the fiat currencies pegged to the stable coins you are holding lose some of its value, it invariably affects your stable coin, mind you also that stable coins aren't safe to hodl, quite a lot of things can go wrong when you hodl stable coins, that's the thing with centralized services, you might want to reconsider and buy that Bitcoin now and move to a decentralized network were you the owner are in control and have freedom to use your funds how you like.

[wxa7115]

Also what do you think about USD future? Is it possible that USD might lose value on coming months? Will stable coins start to lose it's value? I am holding BUSD for dips on BTC but I still have alot, waiting for 12,000$ per BTC before buying but the scary news about USD losing its cool scares me.

Well it is not like the USD is going to vanish or go extinct in the future, it is too strong a currency for that to happen, prolly the strongest fiat currency in the world, thus the only thing i know and think about the USD in the future is that it is going to lose a lot of its value as a result of inflation which is currently a global issue with no end in sight.

Having said that, of course if the fiat currencies pegged to the stable coins you are holding lose some of its value, it invariably affects your stable coin, mind you also that stable coins aren't safe to hodl, quite a lot of things can go wrong when you hodl stable coins, that's the thing with centralized services, you might want to reconsider and buy that Bitcoin now and move to a decentralized network were you the owner are in control and have freedom to use your funds how you like.

Holding stable coins for the long term is a big no for me, I can see why they serve a function for traders and investors which want to get out of a position they opened and they need to get stable currencies as they would like to get back in the market soon.

But by holding stable coins you are taking an additional risk, as now not only you are being affected by inflation, you could also lose all your money in the case the institution behind the stable coin collapsed, something we know it can happen as we saw one of these examples recently.

[dansus021]

the usd already lose its value since 70's and pretty much all the fiat too. the inflation is very high and the fed increase the rates so the inflation can be slowed but we already fu*ked up

and as far that i know there is actually a lot stablecoin not just USD there is EUR, IDR, CNH, MXN the CNH and MXN is exist on etherum chain you can see at https://tether.to/en/transparency/ here

[GreatArkansas]

It seems there are a lot of misunderstandings when it comes to stablecoins, people must aware that stablecoin is 1:1 or pegged with some fiat currency per country.
So, if the USD is losing value, then stablecoins for USD like USDT and USDC will have the same value as it's they are pegged only.

(....)

USD will lose its value in the coming months? where did you see the news about this? it would be better if you attach a link that refers to the news you read for validation purposes. I don't think you need to worry about USD. USD is the strongest currency at the moment.

We'll never know when USD will stay above or pumping. For me, the current USD value versus other currencies is really strong. But I will not consider it forever, there are some time in the future that it will pullback or correction. But for now, USD is owning, I admit it.

[justdimin]

We'll never know when USD will stay above or pumping. For me, the current USD value versus other currencies is really strong. But I will not consider it forever, there are some time in the future that it will pullback or correction. But for now, USD is owning, I admit it.

USD "may" look better compared to other currencies, but it is still worse than btc in my mind. If I was offered $1000 worth of USD or same amount in BTC, I would always pick btc, and would keep that in my wallet.

I rather end up with something that could gain value in the long run, even if USD is losing value slower than other currencies, it is still losing value and that is a big deal. What you can buy with $100 today can't be really same next year with the same $100 and that is why I would prefer to have bitcoins. Do not be fooled by USD doing better than other currencies, those are all fiat it is competing with, and that is a big problem.

[wxa7115]

We'll never know when USD will stay above or pumping. For me, the current USD value versus other currencies is really strong. But I will not consider it forever, there are some time in the future that it will pullback or correction. But for now, USD is owning, I admit it.

USD "may" look better compared to other currencies, but it is still worse than btc in my mind. If I was offered $1000 worth of USD or same amount in BTC, I would always pick btc, and would keep that in my wallet.

I rather end up with something that could gain value in the long run, even if USD is losing value slower than other currencies, it is still losing value and that is a big deal. What you can buy with $100 today can't be really same next year with the same $100 and that is why I would prefer to have bitcoins. Do not be fooled by USD doing better than other currencies, those are all fiat it is competing with, and that is a big problem.

Correct, economist are praising the US dollar because it is crashing slower than other currencies and somehow they want to make us believe that is a good thing.

Now some may argue that bitcoin also crashes from time to time and that is true, but bitcoin does something the USD dollar will never do, which is to reevaluate itself over the long term, and we have ample evidence this is the case as the dollar has lost 98% to 99% of its purchasing power during the last 100 years, while bitcoin in a little bit more than a decade has gone up in value at an incredible rate.

[Strongkored]

Also what do you think about USD future? Is it possible that USD might lose value on coming months? Will stable coins start to lose it's value? I am holding BUSD for dips on BTC but I still have alot, waiting for 12,000$ per BTC before buying but the scary news about USD losing its cool scares me.

don't worry about the USD losing its value, because it will never happen for now, it is proven that everything is still dependent on the USD,
even now the inflation that is happening in the United States also has an impact on the whole world, including Asian and European countries,
is still far away if you think USD will lose value, so stay calm and just focus on your investment.

Actually, the USD has lost its value, it's just that because everything is always compared to the USD so that it makes USD has not lost anything but actually it has, but USD is performing better than other fiat such as with IDR (my country's currency) which is weakening with the dollar, lucky for those who always keep the dollar so that it can be an additional fund to prepare for the recession prediction which is believed to peak next year.
And one of the reasons why the dollar is performing better and can even survive in these difficult conditions is because countries will use the dollar when paying their debts and transactions in the world are dominated by the dollar.

Hey guys, is there any stable coin that supports Chinese currency aka Yen? We have BUSD, USDT, USDC that are backing the United state dollar, what about China's very own currency?

If crypto exchanges in china were allowed like Bter a few years ago it is possible that they already have their own stablecoin and if this happens they will dominate.

[Smartprofit]

Hey guys, is there any stable coin that supports Chinese currency aka Yen? We have BUSD, USDT, USDC that are backing the United state dollar, what about China's very own currency?

Also what do you think about USD future? Is it possible that USD might lose value on coming months? Will stable coins start to lose it's value? I am holding BUSD for dips on BTC but I still have alot, waiting for 12,000$ per BTC before buying but the scary news about USD losing its cool scares me.

I am sure that everything will be fine with the US dollar in the medium and long term. 

Yes, there is a lot of inflation in the US at the moment.  However, the Fed is pursuing a very reasonable and prudent economic policy.  In particular, at present, he is actively raising the refinancing discount rates.  The USA is a progressive, democratic country that has relied on the development of technology and liberalism. 

Therefore, the US dollar has a future and prospects.