Ninjastic
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Board Altcoin Discussion
Re: Stable Coins Necessary?
by
X-ray
on 02/03/2019, 04:38:05 UTC
Quote from: TelolettOm on March 02, 2019, 03:08:12 AM
Quote from: Moiyah on March 02, 2019, 02:56:04 AM
Quote from: Trcream on November 05, 2018, 07:54:50 AM

Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.

But do you think it's really necessary to have so many stable coins?

I used TUSD whenever the market is really unpredictable. It works and help my fund at least be safe for a while. It is really necessary especially when you are aware that the market will eventually fall and you have to save your coins. I must say that it is very useful for a trader like me who wish to stay calm when their price fall.
Well coin USDT It's good enough for us to save when bitcoin is decreasing we don't need to look for exchange with a pair of currencies because usdt has been very stable as a coin
He was talking about do we need many kinds of altcoin in these days. So many small or even big companies just like JPmorgan are interested to create their own altcoin. This will be a problem in the future and he was asking about the potential of the problem caused by this.