Stablecoin Has the Chance to Become the Main Stream of World Finance

[cryptovlek 2597]

On 2/14/2020 at 12:17 AM, hmind said:

So, the presence of Stablecoin is able to eliminate the inconvenience of conventional cash payments. Now with Stablecoin, users no longer need to visit automated teller machines.

Lol. You have no idea what you are talking about, but anyway keep dreaming and loving the "stablecoin"! What nonsense. You don't have the slightest idea about these stablecoin, you discuss about them like they are one while they are dozens and you think they will replace the national currencies. 

[annayks 2314]

I don't think that this form of stablecoin like tether has potential to take over the fiat world. This is just a coin that is pegged to the Dollar. How it can become the dollar since its only purpose is to mimic the price of the dollar? Perhaps you haven't thought about that. Very bad logic.

[kryptonick 2659]

Tether is known to be used for many reasons recently and there is demand for it so they release and probably take cover to keep the value at one dollar. It is growing and it seems that it can grow above 100billion too if it continues with this way. It is important to keep reading ans watching developments about it.

[SuperCrypto 7193]

Indeed, the USDT token has found a significant place among traders wanting to hedge against volatile digital assets like Bitcoin and Ethereum. Compared to the rest of the stablecoin market, Tether is the most popular and most liquid stablecoin.

[Sykkuno 2887]

Stable coins can be important if they keep rising like today. Tether and USDC have grown a lot and still not seem to be stopping. They have plans to keep expanding into businesses and Tether has tether gold and even plans tether euro. I haven't searched a lot about them but they seem to be used more than other cryptocurrencies.

[Cryptomint 433]

Yes they can. Because they have ability. Like you can see the example of the USDT. This coin is now has a good marketcap and now on 3rd number.

[Nicole018 4548]

Stable coins can be used for transactions in order to transfer funds from one person to another since there is no change in the value of such transactions and we can provide the desired amount of transactions without any change. so we can convert whatever cryptocurrencies we have into stablecoins in order to facilitate transactions.

[abd1992 960]

On 2/14/2020 at 12:17 AM, hmind said:

Stablecoin is said to have the opportunity to become the main stream of world finance, thanks to the excellence of blockchain technology which was pioneered by Bitcoin in 2008. The new realm of fiat money with high inflation?
Bitcoin as a new form of electronic money is not intended to be "stable" like the US dollar or rupiah and other money issued by the state (fiat).
This is where the concept of stablecoin was born, such as the United States Dollar Tether (USDT), which is worth one unit as the value of one unit of real US dollars: one to one. This is made by a private company.
So, the presence of Stablecoin is able to eliminate the inconvenience of conventional cash payments. Now with Stablecoin, users no longer need to visit automated teller machines.

Is this a new currency? Do you mean that there are new currencies that will support the markets and be stable as a dollar? I think that Facebook will be like this

[abdullah553 1981]

On 2/14/2020 at 12:17 AM, hmind said:

Stablecoin is said to have the opportunity to become the main stream of world finance, thanks to the excellence of blockchain technology which was pioneered by Bitcoin in 2008. The new realm of fiat money with high inflation?
Bitcoin as a new form of electronic money is not intended to be "stable" like the US dollar or rupiah and other money issued by the state (fiat).
This is where the concept of stablecoin was born, such as the United States Dollar Tether (USDT), which is worth one unit as the value of one unit of real US dollars: one to one. This is made by a private company.
So, the presence of Stablecoin is able to eliminate the inconvenience of conventional cash payments. Now with Stablecoin, users no longer need to visit automated teller machines.

Finding stable currencies in the crypto market will protect people from losing their money due to the strong and rapid decline that is actually happening in the current days.

[Robert William 590]

Yes you are right stable coins are the best. their investors does not have to worry about so much fluctuation and variations that is always happening in unstable coin. most importantly stable coin's price chart is very easy to understand and analyze.

[Garion hirao 550]

Dear friend, Thank you for sharing this useful information. This part I did not know about it. I still lack a lot to learn and understand. Countries relied on this method will create a local currency of the same current value This information will be of use to interested members

[Wane Rastuar 583]

It is correct what you say due to the almost zero volatility of stable currencies some businessmen are taking into account is USDT, pax and usdc, and that is a good thing for Bitcoin since they must go through there

[Syedbesharat 5423]

The stable coin market does run long term and collapse because the investors pull out their money and move to BTC which is volatile and give chances to earn more. From hodl, trading, staking and mining. Their for the only the few stable coins remain like USDT, USDC. But the Stable most famous coin USDT is facing many cases and cannot give audit of their funds. So it's best to save in TRX, XRP which price isn't to volatile but gives some profit at holding. 

[Garion hirao 550]

Dear friend, Thank you for sharing this useful information. This part I did not know about it. I still lack a lot to learn and understand. Countries relied on this method will create a local currency of the same current value This information will be of use to interested members

[zhoutong 2188]

I don't know why you said that stablecoins have replaced national currencies and we don't need to use the ATM. The stablecoins are not used anywhere and Bitcoin has more acceptance from Tether. The only help stablecoins make are for exchanges that reduce the bank accounts and their deposits, while they give this IOU to their customers, instead of another IOU which is the dollar. It is very difficult for stable coins as we have them now to survive. Tether, USDC and the rest will have to face strict regulations that will not allow them to be accepted for anything regulated.

[MoralStories 1127]

if the stablecoins become the mainstream of financial system of the world then they will never be the same that means they will not be the stable coins after that

[abohasnn9 2401]

Yes, my friend, we have provided all the necessary comfort and ease to work in the field of cryptocurrencies, and this is what distinguishes cryptocurrencies really, so this matter is very special to work with such development, ease and security in this field Thank you very much

[Ahmad ah 1212]

The existence of such a stable currency is considered very good and important in the financial markets. Stable currencies usually have a great opportunity to replace paper currencies in global financial systems due to their price stability to some extent.

The existence of such a stable currency is considered very good and important in the financial markets. Stable currencies usually have a great opportunity to replace paper currencies in global financial systems due to their price stability to some extent.

[koynayak 1923]

I think it can happened if the crypto usage increase. World is adapting crypto faster and people might start using stable coin instead of using dollar. There are couple benefits fır stable coins. Most important one is interest rates. Many excahnge offers you %12 apy interest rate for your stable coin like usdt,usdc.

[teebasas 3018]

I think this idea is good and will be useful if it is implemented and if the currencies become stable they will have a very big opportunity to replace some of the global banknotes. Thank you for this post, which contains many important ideas for everyone.

Edited March 5, 2021 by teebasas

[Oliver james 0]

Yes you are right and there are some coins on this site which wi be a very fastly growning on this site and there are several people attached to all over the world and there are several people attached to this site and earn a good and valuable profit from this online earning platforum. So i also advised to all members to keep well connected to the market and earn a good and useful profit from this online earning platforum because btc os used as a digital currency in this site.

[RoyalHouse01 9]

if they are the coins that means they are worth doing in the world as there is no one controlling them and you can make the payments at any place of the world you want.

[Abrar1122 10]

the stable coins can actually be used all over the world because they are not controlled by any single person or any other team and you can send them all over the world instantly

[Alix188 585]

Cryptocurrencies have a wonderful future because they will be used extensively if cryptocurrencies are accepted as a means of payment because their value is fixed and very quickly in completing transactions.

[Tamim75 199]

Dear, I think a stable currency market is very important. If you see the market, use USDT after Bitcoin. Stable currency is the main currency in the crypto market and I see stable coins as the main currency in the world.