Quote from: musta5a on June 29, 2018, 09:18:02 AM

Quote from: Osakrita on June 27, 2018, 06:04:10 AM

Tether released a statement that they received a deposit of 250,000,000.00 and as such created new tethers.Will this have a positive impact on the price of bitcoin?
https://bitcoinist.com/tether-grant-250-million-usdt-bitcoin/

I'm just trying to understand the business model behind the stable coins. Why would I invest 250 m into something which doesn't give me any ROI at all? There is something I don't get

This coin is not made to get ROI, it is made for ease of trading other crypto without need to exchange fiat money to crypto, so the fees from banks transfers will be eliminated. If you would have a digital dollar you can exit crypto market without involve any bank. The coin itself don't have any return of investment. The ideea is good, the implementation is illegal

. Make sense now?