Is those worth investments or waste investments.......?
Because if facebook libra is stable coin then it is wrong investment choice because many crypto investors look for profit coins i mean unlike stable coins they will like coins which get profits.
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Totally agree! Stable coins were created for store-of-value purposes. When people need a place to keep their capital away from the volatiles of the market. Stable coins don't have a lot of things to do with profit-earning transactions since their value doesn't fluctuate too frequently and dramatically. I think stable coins are the important factors of the market where we can store our money without worrying about losing value.
Yes, That's one instance where stable coins are extremely useful. That said, I think traders are the biggest users of stable coins since it plays an active role in retaining value regardless of how volatile the market is. I usually sell tops, convert to a stable coin like USDT and when the price goes lower, I buy back. It not only retains the value of my portfolio but also helps to increase my holdings. The downside is that, they're not profitable on their own but thiis compensated when used for trading purposes. – gets the job done.