Post
Topic
Board Altcoin Discussion
Re: Why do we need so many stablecoins?
by
dgoswami12
on 29/09/2018, 08:25:44 UTC
Some companies create new stablecoins, why do we need them? if key is already there. I hope they will not be as much as conventional cryptocurrencies (more than 1500) of which most scams.
The main purpose for stablecoin like USDT was introduced waa due to veey often big fluctuations in Crypto market , so that you can convert your assets in a stablecoin to not get into loss , but yes there are so many stablecoins now though I only use USDT & TUSD  Cheesy