Post
Topic
Board Altcoin Discussion
Re: do we really need stable coin?
by
BestEarningTips
on 02/08/2020, 07:27:03 UTC
Yes, we do. Just imagine that stable coins in crypto play the roles of fiat currencies in real world. The primary use of stable coins is to measure bitcoin's price. That said, only a couple of stable coins is enough. We don't need a ton of stable coins like now. The problem with stable coins is authenticity: an USDT must be backed up by an USD.