Post
Topic
Board Altcoin Discussion
Re: Will stablecoins be the future of cryptocurrency?
by
Japinat
on 02/05/2020, 09:31:48 UTC
Everyday 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

The name is also stable coins, if the others show red color when the weak condition of the coint does not have a big effect on market pressure. It means that investors are more comfortable investing their investment in conditions that are affordable. A safe choice in my opinion.

For payment system, stable coin is really better since it's not volatile, no everyone who transact online can take the risk of volatility so we are seeing this happens. Actually I am happy with this kind of development because these stable coins are still just part of the crypto market, when they get popular and grow, the effect would result on the entire market.

in addition, we have Libra coming, not sure when but they are a big thing in the market.