Post
Topic
Board Speculation (Altcoins)
Re: 2019! Perhaps the year of the rise of the Stablecoin
by
poodle63
on 05/12/2018, 11:44:05 UTC
We are witnessing more and more Stablecoin launched. Is this a trend for 2019? When people have lost confidence in the Altcoin and bitcoin. A new news has come out that the Chinese government supports Stablecoin.

https://news.bitcoin.com/chinese-government-backed-fund-plans-to-launch-stablecoin-by-february/

What do you think about this?

It's interesting to see that but i do believe if that will replace all of these existing stable coin just like tether. If that was true and it will become a huge news. but we must wait for the official statement from regulators and i meant about PBOC.