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, I agree with you, investors invest in cryptocurrency because only cryptocurrency can provide profits of more than 1000%, therefore I think stable coin is not too important for cryptocurrency and in my opinion USDT is enough to be stable coin in cryptocurrency, so we no need for stable coins anymore, but all we need is a coin that has a great project in the future, so investors can make a big profit from investing in cryptocurrency.