Do we really need stable coins?

[masterrex]

For me its Yes! stablecoins has its own function in the cryptocurrency industry, It will be the backbone and stabilizer of the cryptocurrency market, without stablecoins, there was no pair for Bitcoin and stablecoin like (USDT) a Dollar pegged crypto stablecoin that work as a proxy between cryptocurrency and fiat. that was my opinion about it.

[Prime]

stablecoins has its own function in the cryptocurrency industry,

Of course, that's why they are created by its platform. People who are interested to keep their money with safe value, can choose stable coins. Why? There is very little change in stable coin's price, so people are no need to worry their assets values to decrease much.

[Paha87]

I support the author of this topic, and my opinion is similar to his! .Stable coins in my understanding are like dollars. Their price fluctuates by small fractions. One plus from stable coins is that you can change bitcoins and sell stable coins at a fixed price. This is Fiat money in the cryptocurrency industry.

[Rivaldi Kunkun]

Stable coins will of course not give huge profits to the trader. We trade in the hopes that the coin can move upwards. So we have an increase in prices can make a profit.

But the stable coin I suppose should exist because to keep the crypto market ecosystem. The team and the developer certainly also need a profit and we must also be intelligent before deciding to invest in the coin.

[TERENCIO]

I believe we do need a stable coins, I have earned some profit from my investment in altcoins, but because of the volatility in the market I decided to keep it in stablecoins, which I believe it was a good idea coz the next day I wake up the market crash.

[trauchot]

I need stable coins in order to keep my investments there at times, because the cryptocurrency market is constantly falling and at this time I immediately transfer my investments to stable coins and I wait for the drop to stop.

[vegasus]

I need stable coins in order to keep my investments there at times,

It is a good choice if you want to keep the value stable. As stable coins don't move their prices easily like other crypto coins, people use them to make their money safe. However, for people who want more profits, they will prefer to buy Bitcoin or Ethereum. 

[Noverteno]

Of course, we really need stable coins, since they are a good buffer between cryptocurrencies and ordinary coins. However, stable coins are also different. Now they began to massively prepare for the issue of national stable coins of various states. This is probably a new stage in the development of cryptocurrency. They should be perceived in a completely different way by people, because behind them is the authority of states, not business structures, as it was before.

[alstevenson]

We do need stable coins as it is very useful, thats why many teams want to create a stable coin because of its demand. Cryptocurrency is very volatile thats why theres a stable coin that boom but what we need is a real stablecoin backed by 1 is to 1.

[corr]

I believe we do need a stable coins, I have earned some profit from my investment in altcoins, but because of the volatility in the market I decided to keep it in stablecoins, which I believe it was a good idea coz the next day I wake up the market crash.

I think it's much better and safer to store in fiat currencies. The dollar is much safer than any stable coin. I don't store in stable coins because I still don't trust them. I don't know if they are fully secured with a 1: 1 dollar. I don't particularly trust Tether. It would be much better if the stock exchanges had the ability to store in a regular dollar

[vaysar]

If we consider stable coins as salvation from volatility, then yes, they are certainly necessary, and this is their benefit. We can fix the value of our assets at any time. Today, stable coins do not perform any other function, in my opinion.

[Delgboke]

But does it mean that stable coins price remains stable without the value going down, if yes I think I will really accept the idea of stable coins been accepted in the crypto world.

[tervel]

The idea of a price-stable cryptocurrency has been in the air for a long time. For this reason, building a “stablecoin” has long been considered  for the pinnacle of development of the cryptocurrency ecosystem.

[Coin63@]

Yes we really need stable coins like stable USD, USD,. If bitcoin and Ethereum stable then maximum project would be succeed.

[OptimusPrime]

Every token or coin is created to enrich the team or dev if that be the case. Nevertheless we need stable coin in the market else we will lose a lot to the volatile market