Post
Topic
Board Altcoin Discussion
Re: Anyone working on any ideas for stable coins?
by
naikturun
on 30/11/2019, 16:43:18 UTC
Anyone trying to develop new kinds of stable coins?  Was thinking of setting a group up to discuss ideas, learn collectively and pool resources.  Any interest?

Not really.

Stablecoins requires huge real-world finance backups, not extensive development. And the market is already flooded with enough, with only stableDollar coins being successful. I don't see any volume on any stable Euro/GBP, so even these are not valid niches.


Are you sure all stablecoin are in backup by real money in the real world with equal or even bigger amount, tether USDT has a great daily volumu which is even the greatest volume today in the CMC (17billion $)
So does the project have real money backups?