Quote from: pinoy.bolanon on March 31, 2019, 11:15:09 PM

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?

in my own observataions there are lots of trading pairs with stable coins, well for me at some.point it protect the investors from possible losses but if we hold this coins, we could not expect that we can gain a profit from.holdinh it.

An active trader would not want to put his coin on hold in form of stable coin, most especially for a long time. It is done, such person might not be losing in dollar value, but i satoshi, which invariably means no profit and that might translate into loss.