Post
Topic
Board Altcoin Discussion
Re: StableCoins might increase crypto adoption by big companies ?
by
iv4n
on 13/11/2019, 21:04:58 UTC
But in the end stable coins will stay stable, tied to a dollar value!

But it is proven that currently stable coins are still able to maintain the value according to what was planned, even the development of stable coins is faster. We take the example of Tether, now it has beaten many other coins. Tether is already ranked 5. If you look at daily volume, Tether is higher than all coins, including Bitcoin.

Who makes volume? That volume comes from pairs USDT/BTC, USDT/ETH, USDT/anycoin...What kind of development usdt have? Centralized coin, made with just one purpose to be a dollar substitute, about supply to not even talk, and you talk about some progress.

In this times stable coins are making things easier for traders and for some services, that is a fact. But that is now, will we need tether in the future?