Stablecoins have been considered among many investors to be a safe-haven for crypto's volatility. Ever since Tether (USDT) emerged, several other stablecoins have launched in order to provide people with a wide variety of options to choose from. However, the stability of stablecoins is yet to be questioned since we've seen how Tether has gone below $1 in the past.
NuBits used to be a stablecoin too, but now it has lost its peg to the USD. Which means, that the same thing could happen with most stablecoins out there, since they're traded on a free market.
Nonetheless, do you believe that stablecoins will have a future? If not, why?
NuBits used to be a stablecoin too, but now it has lost its peg to the USD. Which means, that the same thing could happen with most stablecoins out there, since they're traded on a free market.
Nonetheless, do you believe that stablecoins will have a future? If not, why?
Well, the coin is stable, i think the future will be stable if they not scamming peoples.
Stable coin means the price won't change, there won't be any profit, or loss when holding that coin.
so, i don't know what will be the advantages of holding stable coins.