Do we really need stable coins? - Page 20 - Coins / Tokens Talk - CryptoTalk.Org Jump to content
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Do we really need stable coins?

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Yes dear need of stable coin's is too much . Because using stable coin there is no fair of lose .  So people who do trading so they need must stable coins . 

Thanks.

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Would outline UOP to discuss. The Utopia Open Platform (UOP) is the ecosystem for the tokenized song. The UOP receives data from the existing Utopia Music Platform, which collects commercial music consumption and copyright data from numerous sources. Over the past 3 years, it has collected over 3 billion data points ‘Genesis’ will be the first application on the UOP. Through Genesis, users will be able to plug into this data to keep track of songs, compositions, artists, writers, composers, record labels, releases, radio stations, DSPs, standard identifiers and much more. Whether you are an artist, a producer, or a record label, you will be able to see where, how, when and with whom the music is performing best. Google them to check the website

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You can keep coins which are profitable in value. The movement of crypto currency now is going great and we are all positive to hit the bull run soon. Lets not end hope but its up to you if you still keep it of not.

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If you are asking this question as a trader then I should say no because a stable coin cannot give high profits being stable constantly so we need some fluctuations in the rates to earn and regulate our coins through tradings. 

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The stable coins help us to replace the usd in the platforms which is not support the usd and it reduce the chances of the losses that may get us by saving our money in bitcoin so maybe the bitcoin decrease and we will get a lose.

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Yes, my friend, we really need storage currencies that are really stable, and the reason is that sometimes currencies are unstable. The fluctuation of high and low volatility is a real problem for actually losing money, but in general we must store in a major currency through which we trade any other currency such as the currency  USDT is a stable currency that is similar to the US dollar in terms of value, but in encrypted digital form. Thank you very much

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Yes we need stable coins. Stable coin will give you confidence not to lose. Crypto currency is becoming popular nowadays. People are showing interest in it. So stable coin is important for us.

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Of course, the spread of the world of cryptocurrencies more broadly, and gaining people's confidence requires the presence of strong and huge currencies with a relatively fixed value, but this poses a problem for investors and traders like me, since we are making big profits due to the sharp fluctuations in the cryptocurrency market

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Actually very much important of stable coin because stable coin help a lot in trading and so much exchanges not use usd, they only using stable coin but in market many stable coin is come so we don't need other stable coin..

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Yes, stable coins are necessary. When it comes to trading, stable coins are very useful because if bitcoin starts to fall in value, we can convert it to stable coins to avoid losing any more capital.

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Have you heard of Utopia Genesis Foundation (UOP) that is coming with real uniqueness on music field? There is lack of transparency on the field. The Utopia Open Platform (UOP) is the ecosystem for the tokenized song. The UOP receives data from the existing Utopia Music Platform, which collects commercial music consumption and copyright data from numerous sources. Over the past 3 years, it has collected over 3 billion data points ‘Genesis’ will be the first application on the UOP. Through Genesis, users will be able to plug into this data to keep track of songs, compositions, artists, writers, composers, record labels, releases, radio stations, DSPs, standard identifiers and much more. Whether you are an artist, a producer, or a record label, you will be able to see where, how, when and with whom the music is performing best. Google them to check the website

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Yeah.  I need a stable coin  I work hard for stable coin  Because if I work well, I can make money by withdrawing with stable coin.  So I will follow the rules to be successful.

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I would add fav I follow-Telos. network for real world use across multiple industries – Telos based Tokens NFT’sand Smart Contracts are already used for DeFi, Gaming, Social Media amongst a backdrop of almost unlimited real world use cases. **There are over 100 projects already building on Telos.**They are available on Uniswap, pancakeswap, Google them and check website.

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Curious to discuss meme com. Guys are discussed widely, coming with unique NFT based platform. Use Memecoin to build your portfolio and sponsor your favorite memes. Earn rewards for supporting the best performing memes and trends. Venture out into the Internet and collect evidence of noteworthy trends. If approved by the Meme Council, you will earn Memecoin. Join on Telegram @ MemeExplorers

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Read on Drife, Taxi 3.0. Drive, leveraging Smart Contracts. What's unique - use of smart contract for Fare Negotiations, Governance, Managing Stake-based services and privileges. Drive with Drife and earn 100% fare paid by the rider, Get Freedom of choice in categories of subscription plans and the rides to accept. Check https://www.drife.io/

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Talking on favs u follow, up to worthwhile? I'm excited with spores - full-stack, cross-chain interoperable NFT-DeFi platform. There are unique know-hows, what I'm up to - everyone can create NFTs without coding skill, trade without underlying blockchain knowledge. What ur opinion?

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In my opinion..While fiat currencies, like USD or EUR, are backed by the confidence the market has in the issuing governments, stablecoins can be backed by actual assets. ... As stablecoins bring more confidence into the market by allowing participants a 'safe space,' more movement, or volume, has occurred.

Edited by XcelToken Plus

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I'd outline Spores I'm up to. That full-stack, cross-chain interoperable NFT-DeFi platform. There are unique know-hows, what I'm up to - everyone can create NFTs without coding skill, trade without underlying blockchain knowledge. What ur opinion?

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According to my yes of course we need a stable coin. if we want to minimize the risk of loss we should have stable coins.stable coin can help in our difiicult time. We have to choose it carefully.

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Frankly speaking, I don't have many favs to follow, excited with Spores. They're fractionalizing multiple NFTs, utilizing LP mining on DEXes, lending & staking, to improve overall liquidity. Many know-hows, also royalty share for NFT creators, incentives for users & traders with transaction mining. Google, curious to discuss

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Stablecoins are incredibly important for the cryptocurrency industry. The increasing adoption of stablecoins will act as an important catalyst to popularize the use of cryptocurrencies as a mainstream medium of everyday transactions, as well as for other applications.

 

Also Stablecoins have received a lot attention. In the last half of 2018, three new stablecoins launched: USD Coin (USDC), Paxos Standard Token (PAX), and Gemini Dollar (GUSD). In 2019, large Fortune 100 companies joined.

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Stablecoinns are necessary because they are surrogates of paper money. Sometimes people trading money want to hold paler money but that need to be digitalised first and contact others profits this time tjis happen when are via enduring coin for investment    

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