Post
Topic
Board Altcoin Discussion
Re: do we really need stable coin?
by
Coinsfera
on 04/01/2021, 14:36:53 UTC
think if we should look back in 4 years back in cryptocurrency industry, crypto do very well to be stable in the price value, but is very difficult this days to see crypto that's actually valueable, not until we started seen stable coins in the crypto market but there's no change in the value, Do you think we need stable coins?
We should think about stablecoins as a secure place to hold your money without leaving digital currencies. It is easier to convert to other cryptocurrencies and back. Usually, stablecoins peg their value to some fiat currency and it is like using fiat as crypto, and because of that feature, many risk-averse people can begin to use cryptocurrencies.