Post
Topic
Board Economics
Re: Im big fan of stable coins and this is what I think
by
Shasha80
on 11/02/2021, 13:32:48 UTC
I'm not a fan of stable coins, but I'm not a stable coins hater either. So I use stable coins only to store the profit I make from crypto trading.
So it is wrong if someone expects a profit from investing in stable coins. Because the stable coins price is pegged to USD which makes stable coins
cannot be used as an asset to generate profit. Therefore, many people save trading capital in stable coins, to avoid volatile markets.