Post
Topic
Board Altcoin Discussion
Re: Why do we need so many stablecoins?
by
MortonAlden
on 29/09/2018, 16:20:00 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.
Well there is a definite need to have stable coins in the portfolio or wallet you’re storing in because the more it fluctuates, the more disrupted situation becomes. Coins like Paragon, Cardano and Stellar are excellent for long term.