Do we really need stable coins?

[Michael.sol]

Stable Coin is really nessery for Crypto market because sometimes we will need to store our fund into a safe currency ( we can say stable coins ) .
Their is already some Good stable coin present In market , like Usdt ( tether ) , dai , etc . Both coin have great coinmarketcap value also.  I always go with tether because this is best stable coin.

[Jawahara]

Stable coin basically help to maintain the real value of the coin at every point in time. It is less volatile compared to Bitcoin, Ethereum or any other cryptocurrency assets.

[syedrasool2011]

What i think about stable coin is when see market is going i just convert my coin in stable safe my self from losing money stable coin is good for losing funding.

[Alcor]

In my opinion, no one should have any doubts about the necessity and usefulness of stablecoins in cryptocurrency. Stablecoins have been around for several years and have proven to be useful and easy to use. Since we are dealing with private and other commercial stablecoins in the cryptocurrency market, the issue of security when using them remains. This issue, apparently, cannot be resolved without the participation of states.

[Speaker]

In my opinion, no one should have any doubts about the necessity and usefulness of stablecoins in cryptocurrency. Stablecoins have been around for several years and have proven to be useful and easy to use. Since we are dealing with private and other commercial stablecoins in the cryptocurrency market, the issue of security when using them remains. This issue, apparently, cannot be resolved without the participation of states.

But at the same time, there is no talk of any decentralization and confidence that our funds belong to us.

[rizqillah]

if we look at 5 years back, cryptocurrency can still run and develop even though at that time stable coins did not exist,
but now stable coins have appeared and many of them,
I sometimes ask, do we really need to have a stable coin?
because I feel stable coins are made one of them to enrich the team and dev,
because if they sell coins it won't affect the market because it's a stable coin,
this is only my opinion,
so give your opinion so that I have a lot of insight.

Yep, we need stable coin to save our  find when the market is unstable or bearish.
Stable coin is the standard of the value, So it's the same like dollar.
But several people prefer in bitcoin than stable coin.

[de_prof]

Stable coins always needed when the market go down and unstable.
I agree with this opinion.
But If we think market will recover again, better to keep our assets in top coins.

[Jaephoenix]

Stable coins are a good part of the crypto ecosystem because it is an oasis of help ad assistance in a severe bearish situation when markets tend to tumble. Thus even now the bear trend is high, it is most needed

[Speaker]

Stable coins are a good part of the crypto ecosystem because it is an oasis of help ad assistance in a severe bearish situation when markets tend to tumble. Thus even now the bear trend is high, it is most needed

Yes, liquidity in the form of stable coins is necessary.It is important that these coins are backed by real assets.

[elbans89]

Stable coins are a good part of the crypto ecosystem because it is an oasis of help ad assistance in a severe bearish situation when markets tend to tumble. Thus even now the bear trend is high, it is most needed

Yes, liquidity in the form of stable coins is necessary.It is important that these coins are backed by real assets.

Yeah, stable coins are needed. As you said these coins are backed by real assets.
And when the market unstable , I think we can convert our assets to stable coins.

[KaliLinux]

if we look at 5 years back, cryptocurrency can still run and develop even though at that time stable coins did not exist,
but now stable coins have appeared and many of them,
I sometimes ask, do we really need to have a stable coin?
because I feel stable coins are made one of them to enrich the team and dev,
because if they sell coins it won't affect the market because it's a stable coin,
this is only my opinion,
so give your opinion so that I have a lot of insight.

I do believe that having stablecoins in the crypto ecosystem now is a good thing. I understand back then we didn't have stablecoins and we couldn't also hodl our investment during bear market as we can now back then. You will have to watch your crypto value drop or you have to sell into fiat and back to your bank but having stablecoins has changed all that.

[satpol_PP]

I agree with opinions  above, stable coins are suitable  for  keep your fund when the market is volatile.
As we all see at bearish season.
Market is really volatile.

[Speaker]

The main thing is to always have a free amount, which, if anything, you can spend on buying promising coins if the market does not find its bottom.

[scepsis]

I think stable coins hold the potential to be used as a payment option. They offer all the benefits of cryptocurrencies, be it security, decentralization, speed but they are not volatile like them which I believe is the biggest hindrance when it comes to using cryptocurrencies for payments. These are the reasons I too have offered stable coins (usdt nd usdc with capitalwallet) to my customers and I have also received a really good response from them.

[Tolyk]

Stable coins should be in order to protect their capital in the market, it is necessary for a short investment.