Post
Topic
Board Altcoin Discussion
Re: The use of stable coins or no?
by
Fatimahcrypto
on 28/11/2019, 04:24:52 UTC
On the other day, I think of the use of stable coins. I mean, when can we use Stable coins as an alternative fiat. You see when a bull run comes and everyone will start to sell their Bitcoins and some other coins into fiat the network will be congested.

So I think if we buy Stable coins with some stable volume, we will no longer need to worry about unable to sell our bitcoin into fiat.
Rather we only need to do this thing right? is this some acceptable alternative or no?



I can personally say that stable coin like USDT is a great alternative for fiat. This is because the USDT has stood the test of time and conquered several Obstacles and challenges at several occasions. I trust that the USDT would serve when am unable to exchange my tokens for fiat and want a way out