Bitcoin Forum
May 12, 2026, 09:10:20 PM *
News: Latest Bitcoin Core release: 31.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Could stablecoin eventually overshadow Bitcoin usage  (Read 322 times)
Emjay24
Full Member
***
Offline

Activity: 476
Merit: 238



View Profile
Today at 04:49:15 AM
 #41

People will definitely use stablecoin more than bitcoin because majority of bitcoin enthusiasts are holding their bitcoin for future gains because it's a store of valuable and preserves the value of your funds. Stablecoins don't appreciate in price because it's pegged to USD. I'm keeping my bitcoin for the future and I spend fiat or stablecoins. Bitcoin is an alternative payment method and I think, it has done well so far in terms of usage, since creation.
Stablecoin might be used more, but real value is not good to be held in stable coin, most people see stable coin as a transactional medium, almost like fiat, so they treat stable coins like fiat, but treat Bitcoin as an asset that should be held and not used. Those who only hold bitcoin and not use it may be a bit wrong about their attitude towards bitcoin since it should be used for transactions. But I cannot be sorry for holding my bitcoin for a long term and wanting to preserve value in it, it's my choice. I don't wanna wake up one day and see that my USDT holdings has been frozen in my non-custodial wallet, so I would always transact my USDT in the shortest available time and hold my BTC for the longest possible duration.

Chinesebaby
Full Member
***
Online Online

Activity: 266
Merit: 130


Authentic Bitcoin Lover


View Profile
Today at 06:11:32 AM
 #42

When most people hear “crypto,” Bitcoin is usually the first thing that comes to mind. It’s the oldest, the most recognized, and for many people, the symbol of the entire industry.
But lately, I’ve been thinking about something interesting:
Even though Bitcoin dominates attention, stablecoins seem to dominate actual day-to-day usage in many parts of the world.
A lot of people now: Save or transact with USDT/USDC,Use stablecoins for P2P trading,Send remittances with stablecoins,Avoid holding volatile assets altogether
In some countries, people barely use Bitcoin for payments anymore, they use stablecoins instead.
So it raises an interesting question:
Could stablecoins eventually overshadow Bitcoin in practical usage?
When it comes to practical daily usage, then the answer is "YES", Stable coin, most especially USDT can out perform Bitcoin when it comes to practical daily usage. Because when it comes to Bitcoin, the majority of people who invest in it, does so because they see it as an asset for long term investment. And not an asset for daily transactions usage due to its volatile nature, fluctuating up and down due to demand and supply. But when it comes to the overall cumulative total volume invested, Bitcoin will still always has the highest percentage, simply because most people believe in Bitcoin more than they believe in other Altcoin.

Rustam Meraj
Hero Member
*****
Offline

Activity: 854
Merit: 536



View Profile WWW
Today at 07:08:22 AM
 #43

Stablecoin might be used more, but real value is not good to be held in stable coin, most people see stable coin as a transactional medium, almost like fiat, so they treat stable coins like fiat, but treat Bitcoin as an asset that should be held and not used. Those who only hold bitcoin and not use it may be a bit wrong about their attitude towards bitcoin since it should be used for transactions. But I cannot be sorry for holding my bitcoin for a long term and wanting to preserve value in it, it's my choice. I don't wanna wake up one day and see that my USDT holdings has been frozen in my non-custodial wallet, so I would always transact my USDT in the shortest available time and hold my BTC for the longest possible duration.
Stablecoins offer much needed interface for trading, and for short term liquidity, but they are also plagued by same censorship problems as legacy banking system. Bitcoin, on other hand, provides finality and is immune to third parties.
It is not wrong to see Bitcoin as a Store of Value as opposed to currency, but other logical reaction to its price rise. When an asset is expected to gain in purchasing power, it seems foolish to spend it on frivolous things. This is another instance of Gresham Law, and good money is hoarded. True shift will occur when we can transact in BTC as easily as stablecoins, with help of layer-2 solutions, and without having to give up our long term investment holdings.

Die_empty
Legendary
*
Offline

Activity: 1428
Merit: 1308


Give all before death


View Profile
Today at 07:32:52 AM
 #44

Stablecoins do not protect you from inflation because their value is pegged to fiat. As long as fiat continue to depreciate, stablecoin will depreciate as well. There is no significant difference between them.

In essence, the competition between stablecoin and traditional bank is a competition between two centralized entities. One side represents the new generation of finance, while the other represents the old system. But both are centralized, so switching from a bank account to a stablecoin will not get you out of the government's system.
Stablecoins pegged to the US dollars draw people in some countries whose currency depreciates easily. There was a time when the currency of my country lost about 50% of its value within one year. At that point most many citizens had to rely on the dollar protect their saving. The US dollars seems stable when compared to other currencies.

Both are centralised but stablecoin seems to have more advantage. Another advantage of stablcoins when compared to fiat is the low transaction fees. It could also be used easily for trans-border payment without restrictions.

▄▄███████████████████▄▄
▄███████████████████████▄
████████████████████████
█████████████████████████
████████████████████████
████████████▀██████▀████
████████████████████████
█████████▄▄▄▄███████████
██████████▄▄▄████████████
████████████████████████
████████████████▀▀███████
▀███████████████████████▀
▀▀███████████████████▀▀
 
 EARNBET 
██
██
██
██
██
██
██
██
██
██
██
██
██
███████▄▄███████████
████▄██████████████████
██▀▀███████████████▀▀███
▄████████████████████████
▄▄████████▀▀▀▀▀████████▄▄██
███████████████████████████
█████████▌██▀████████████
███████████████████████████
▀▀███████▄▄▄▄▄█████████▀▀██
▀█████████████████████▀██
██▄▄███████████████▄▄███
████▀██████████████████
███████▀▀███████████
██
██
██
██
██
██
██
██
██
██
██
██
██


▄▄▄
▄▄▄███████▐███▌███████▄▄▄
█████████████████████████
▀████▄▄▄███████▄▄▄████▀
█████████████████████
▐███████████████████▌
███████████████████
███████████████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

 King of The Castle 
 $200,000 in prizes
██
██
██
██
██
██
██
██
██
██
██
██
██

 62.5% 

 
RAKEBACK
BONUS
dansus021
Copper Member
Legendary
*
Offline

Activity: 2506
Merit: 1140


Part of AOBT - English Translator to Indonesia


View Profile WWW
Today at 11:47:35 AM
 #45

It is a statistical reality. While Bitcoin remains the undisputed King of Market Cap, stablecoins have officially taken the throne of transactional volume. Did you guys know that In the first quarter of 2026 alone, stablecoin transaction volume hit a staggering $28 trillion, which is more than the combined annual volume of Visa and Mastercard and account for 75% of all crypto trading volume.

But in my opinion both Bitcoin and stablecoin USDT,USDC and other is different money, you could say bitcoin is asset, digital gold or anything while stablecoin is just fiat but on chain so different purposes. Bitcoin is the wealth you own, but Stablecoins are the money you spend.


███████████████████████
█████████████████████████
███████████▀▀███████████
██████████▄▄██▀▀███████
██████████▀████▄███████
█████████████▀▀█▀███████
█████████████████████████
█████████████▄▄█▄███████
█████████████████████
██████████▀▀██▄▄███████
████████████▄▄███████████
█████████████████████████

███████████████████████

  Bets.io  
 
██████████████
██████████████▄▄
██████████████████▄▄
███▄██▄▄██▄████████████▄▄
█████████████████████████
███▀██████████▄▄▄▄██████
█████▀██▀██████████████▌
█████████████▀█████████
█████████████▄▄█▀▀████
███████████████▀▀████▌
▀▀▀▀▀▀▀██████████████
████████▀▀▀████████
██████████████▀▀▀██▌
 
  CASINO  
▄▄▀█████▀▄▄
▄██████▀█▀██████▄
▄██████████████████▄
▄████████████████████▄
▄███
███████▄█▄██████████▄
██▀
▀▀▄▄▄█████▄▄▄▀▀▀██
███████████████████████
█████████████████████████
▀███████████████████████▀
▀██████▄▀█████▀▄██████▀
▄▄▄▄▀█████████▀▄▄▄▄
▀███████████████▀
▀▀
███████▀▀
 
  SPORTS  
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!