Quote from: Lhaine on April 07, 2020, 06:37:53 AM

Quote from: dingo25 on April 07, 2020, 06:21:33 AM

Evreyday more and more payment providers accept stablecoins like USDT and USDC as payment. Will they be the future of crypto?

Yesterday PolisPay just added 3 stablecoins as payment for the first time.

https://twitter.com/PolisPayApp/status/1247319714130546689

Future stable crypto ,not a future crypto this coins is only use as alternative to usd so people can trade normally without the need of having it in fiat money. The good thing about usdt is if you have that amount in a moment that the market crash you can easily buy back the coins you want to buy. Without the needs of deposting your fiat money traders like it because in time like unexpected crash there is always a problem depositing using bank transfer and other method.

Well, yes there is a tendency for both stable cryptos and fiat to co-exist in the future. But the bottomline is that those stable coins are more likely to be used as a currency and those which are having volatile market value, could remain more of an investment.

Quote from: mahilchii on April 14, 2020, 11:42:26 PM

Quote from: TopT3ns on April 14, 2020, 10:34:09 PM

Quote from: mr.robot8 on April 11, 2020, 05:55:36 PM

I really like stable coins you can make good profits by putting them in stakes and with this crisis for the virus they are an excellent safe haven alternative to cash / fiat

indeed only stable coins can still survive when there is an outbreak of this corona virus, but I am sure stable coins will not be able to provide much profit like bitcoin and other altcoins because the price increase depends on fiat price movements.

Yes stable coin is immune from market fluctuations as its value depends on fiat i.e USD, but I don't think fiat will ever be used for investment purpose as it's just used to store value during uncertain market situations to avoid losing money or while trading stable coin can be used but it can never gain status of other crypto coins.

Fiat will more likely remain as a currency being used by countries wherein cryptos and other digital currencies are not yet being accepted. There are still governments as of this moment, who are not yet trusting digital method of payments as well as services being offered. But as development continues, chances are high that massive adaptation will happen.