Post
Topic
Board Altcoin Discussion
Re: The use of stable coins or no?
by
Kingairdrop
on 28/11/2019, 13:38:22 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?


stable coins are currently the most used pairs now. New projects no longer wants to pair their tokens with btc and eth alone they also want it to be paired with usdt, busd, usdc,paxful and the rest. it has gotten to a point where new projects dont even want to have any other pair aside USD. so i believe the time has changed and this is a welcome idea by project owners and cryptocurrency exchanges. thanks