What guarantees that a currency is stable?

[Obliv0n 333]

It is simple, although I do not understand how it is that you do not know how they maintain their price if you affirm that you understand the concept behind stable currencies, in short, their price is stable thanks to the reserves that support said currencies, in the case of USDT, the The company behind it claims that it has billions of dollars as insurance behind the currency, therefore its price remains stable thanks to that.

[yenniferamos14lsv 45]

Stablecoins are anchored to fiat currencies, that's where their stability comes from, worth the redundancy, for example the USDT DAI are anchored to the US Dollar, so those currencies will always have the value of $ 1, there are other currencies in some countries that are anchored to the local currency, and many times it is something not so beneficial, because if that currency suffers devaluation, the stablecoin does the same.

[SaancoAnalco 611]

The cryptographic currencies are not 100% stable due to their volatile temperament it is very difficult to find a stable cryptocurrency you do not know if you are talking about national currencies as well as the dollar or the euro is there if the answer would change that the stability of these currencies is based on the economic factors of each country 

[Prince Prince 113]

 The mania for cryptocurrencies may have peaked, new units continue to be announced, seemingly by the day. Prominent among the new arrivals are so-called “stable coins.” Bearing names such as Tether, Basis, and Saga, their value is rigidly tied to the dollar, the euro, or a basket of national currencies

[Bablu 87]

There some specific coins which we say that the are stable coins because their previous record of trade reflects that they are remain stable when the huge fluctuations occur in the market and the Bitcoin is also one of the stable coins 

[Roisein Ruby 234]

On 07/10/2020 at 1:21 AM, Sdluca70 said:

I understand the concept of a stable coin, but I do not understand how they make that happen and it is maintained over time.

Yes dude if a  currency is stable and it has good reputation and there is continuous buying and selling of that coin and also trade volume is good then it means it is some how stable for a long time because if it is scam then it would die.

[Samotokika 1780]

On 10/7/2020 at 1:21 AM, Sdluca70 said:

I understand the concept of a stable coin, but I do not understand how they make that happen and it is maintained over time.

Dude I think stable currency is the one whose value is associated with fiat currency and linked with them And also if you want to find out the stable currency then check its popularity that  people are using on a daily basis

[Asadkhan0 150]

You can check the stability of any currency by its demand and the value in the market . And it's rates according to different currencies for example USD.

[shadeu97 6]

The matter that guarantees the stability of the price of the electronic currency is the volume of demand for it, its liquidity and the volume of trade exchange in it. The more the global market is directed towards it, the better its stability and strength will be

[I abdulmuminpapa 24]

Hey guys 

  I want to know how a currency is stable . I understand the concept of stable coin but I do not they make it happen and it maintain over Times.

[Pereira 2303]

That a currency is stable, this is because the asset is supported by something with enough value so that it does not fall, there are cryptocurrencies that are stable because they are associated with the US dollar and that makes the value of this asset does not fall and is keep out. Well this is what I know.

[jerojersan 185]

Friend a stable currency, is a currency that has its price anchored to a fiat currency, as is the case of the TETHER currency, whose value is equivalent to the value of a US dollar, it is known as a stable currency because its value is not affected by the fluctuation of the market.

 

Edited January 31, 2021 by jerojersan

[Mohsinrafiq169 210]

In order to keep the currency stable, supply and demand have to keep pace.If the supply is from Decrease, then the two corn will be shifted.If the supply is from Increase, then the currency will shift up.

[Sp19a1ma019 1076]

Nothing have guarantee that the start after the period that will be stable you about barter system but the technology change into the imagination currency now what will in the future. 

[Catherine Louis 34]

When a certain currency is produced and demand are equally balanced then it is said that the coin is stable. However if any of them are not in the perfect ratio then it is said that the price of the coin is unstable. Hope you understand what I mean ,thank you.

[Adam786 560]

On 10/7/2020 at 1:21 AM, Sdluca70 said:

I understand the concept of a stable coin, but I do not understand how they make that happen and it is maintained over time.

I think there is no guarantee to stable a currency in the market because due to the low or high supply and demand the price can increase or decrease of the currency in the market therefore we cannot give the guarantee to stable the cryptocyrrency.

[Dabotaifi 22]

I am deeply sorry because I don't understand this topic at all because I am still new members of this site so I don't have any other ideas about this topic

[Rana fiaz 207]

Hello my all friends According to my opinion, there is no guarantee  on this stable. And i'm new on this platform. So all i know is telling you something, Because what you have is stable, that is what fulfills me on your investment and no guarantee will be passed on this rather than going to the order.

[Rao Usama 68]

The stability of currency is on tour economic activities and investment if you have good investment that the investors are interested in your state due to your economic policies and your leadership in this way your currency will stable.....

[Zoiakhan 85]

Dear friend according to my knowledge it's  depend upon the value of currency like dollars ,Euro . Stablecoins that are not associated with any other curreny but are controlled by algorithms to maintain a stable price.  

[Steve11 164]

Solid currencies have their rate linked to the usa dollar, and the price stays steady via the stability of supply and call for, or by using burning quantities of the forex so that it will hold its rate, and often the ones currencies have important bonds or tangible assets. Solid currency is base on real property and with financial values as support for it charges for example there are currencies that are subsidized with the aid of gold.

[Ella1 316]

I think stability of currency depends on how they are being operated in investment by the investors it can be said guaranteed according to the way people use it it can go high or low.

[EddyDavidson 219]

That's not guarantee because bit coin rate everyday low or high. If you invest your money at this forum hope that you invest 50 dollar's you received your 50 dollar's also in which your money are stable here not low or high.

[Lion heart 71]

On 10/7/2020 at 1:21 AM, Sdluca70 said:

I understand the concept of a stable coin, but I do not understand how they make that happen and it is maintained over time.

Welcome. A cash is steady as indicated by organic market and its correlation with the estimation of other reference stable monetary standards. For instance the USD, GBP and EUR.

[Faizan ali 80]

I think there is no any guarantee that cryptocurrency is stable mostly cryptocurrency is unstable and I have information about the  few currencies like Bitcoin Bitcoin is a unstable and it is a cryptocurrency and digital currency and it's very valuable you can do your trading and investment it gives you profit.