Quote from: Classica35 on November 03, 2018, 10:18:49 PM

Quote from: veriHUB on November 03, 2018, 03:10:26 PM

Stability can only occur in a balance ecosystem. Fluctuation occurs when it is not. Stable coin pegged to a fiat currency need to be recognized by mass adoption that it serve the same function. Alipay and wepay are both in a way stable coins, issuing a token pegged to rmb where you can only use within their ecosystem. But if the coin is stable, what is the draw to investors and the value added to users, as compared to fiat currency. A coin cannot be both speculative and stable. I believe the only way is through dual token mechanism. What do you think?

PS: we have engineer and come out with our ICO based on this.
https://veritag.org/
https://t.me/veriHUB

If there us any coin that is truly known to be stable, it might not be too good for investors. Such coin even has every likelihood to later be rejected. It might even b given so many titles, like being called a scam coin.
You can lunch your project and we would see how things would play out.

Well there's USDT and TrueUSD people seem totally fine for me even the overall market cap is huge enough to assume that so many people uses stablecoin to reserve their wealth.
The existence of stablecoin honestly really helps a lot. if it can be adopted for payment processor in the future that'd be great.