Quote from: Rapidgator on March 26, 2019, 10:52:15 PM

Quote from: jorenpo on March 24, 2019, 01:44:30 PM

Quote from: auntyjmary on March 24, 2019, 12:14:50 PM

Some friends of mine always lament that 'we need more stable coins in the cryptosphere' and I think that is highly achievable looking at the promising prospects that has been achieved by tether. It seems some upcoming projects are also promising to introduce stable coins. Is it possible to have more stable coins on the crypto market? What would really happen if we get more stable coins on the crypto market, would the volatility reduce?

why do we need more stable coin? at the first place cryptocurrency known because of its volatility. most of the investor invest because of it.

Yes, but also we have to remember about some liquidity which is needed in cryptocurrency and which more and more stablecoins can provide for many trading pairs.

Indeed but those stable coins must be audited to avoid there will be more manipulation like what has already done by tether and its company. Stable looks good as long as it will be backed by real money and it's not only a crap statement created by foundation.