Post
Topic
Board Altcoin Discussion
Re: Stable coins in cryptocurrency?
by
wuvdoll
on 17/03/2019, 14:08:22 UTC
How many stable coins have been registered at Coinmarketcap to date? And what is the cheapest price. Please provide your knowledge, Thank you for contributing to this comment.
Stable coins are not that important in this day and age, they are not used anywhere other than the exchanges and the exchanges use them just for showing how much dollar you have and not the exchange that allows you to withdraw fiat so all in all they are totally useless. I mean all that usdt and all that where are they used ? They are super useless and they are not really worth anything in my book, even 1 dollar is too much for 1 usdt.

If you however use them to trade and when you are on binance and you want to do btc to usdt or you think bitcoin is going down at that point usdt has a reason to exist since you change them to usdt and wait the bear out in usdt instead of btc. However that could be usdt, usdc , usd or whatever and it would still be the same for all of us.