Should you invest in Stablecoins?

[NikeFit_7777]

Tether, the issuer of the USDT stablecoin, has invested $200,000,000 in Blackrock Neurotech, a biotech company that creates tools to help people suffering from paralysis, loss of function and neurological disorders.

Earlier, Tether announced a new company concept and also said it will invest in different areas of the global economy.

Source link: https://www.theblock.co/post/291414/tether-invests-200-million-blackrock-neurotech

[NikeFit_7777]

Tether CEO stated that since its inception, the USDT issuer has cooperated with 124 law enforcement agencies in over 40 countries - panic has no basis, Tether is compliant.

P.S. Everything related to decentralization is a myth. Decentralization did not exist and will not exist, alas. 

Link to post: https://twitter.com/paoloardoino/status/1789921257632207233

[Mr. Magkaisa]

      -   It is good to use stablecoins if, for example, you see that from an uptrend situation you know and are sure that he will enter a downtrend, then exchange the bitcoin or other crypto asset you have with stablecoins.

This is what other investors or holders of crypto assets often do. So that the profit they can get is not wasted, and stablecoins are also good if you put them in staking, as far as I can see.

[|MINER|]

      -   It is good to use stablecoins if, for example, you see that from an uptrend situation you know and are sure that he will enter a downtrend, then exchange the bitcoin or other crypto asset you have with stablecoins.

This is what other investors or holders of crypto assets often do. So that the profit they can get is not wasted, and stablecoins are also good if you put them in staking, as far as I can see.

Yeap that was an wise idea and I want to say that it is always better to have stablecoin and as well as some cash aside by the investment on bitcoin.

And the reason already you have mentioned. Like I would love to hold stable coin also for my the future investment on the bear season. We know that the bear season will must be come in the two or three years but if we don't hold the stable fund right now then we will be missing the oppurtunity of investment on  the next bear seaon.

[B.Trader]

Circle co-created USD Coin through a joint venture with Coinbase and a consortium called Centre. Circle also helps other companies adopt stablecoins. Stable Coin Most recently, Coinbase started offering high yields on customer USDC holdings. As of this week, retail investors.

Yes, Circle co-created USD Coin (USDC) with Coinbase through a joint venture and consortium called Centre. This collaboration has positioned USDC as one of the most widely used stablecoins in the market.Coinbase has recently taken steps to offer high yields on USDC holdings, aiming to attract retail investors. This move is part of a broader strategy to encourage the use of USDC, providing an attractive option for earning yield on stablecoin holdings, which are pegged to the U.S. dollar.

[Mia Chloe]

It's all the same as asking whether it is worth investing in the US dollar. Stable coins are just money and cannot be profitable for their holders. Of course, except for the case that the national currency, which secured the stablecoin, sometimes strengthens in the exchange rate in comparison with other currencies of the states. Stable coins are created as a buffer between cryptocurrency and fiat for the convenience of working with cryptocurrency.

My point exactly. I don't see buying some coins like USDT or USDC which obviously is pegged to the dollar as investments, I see it as taking some cash and putting it in your wallet only. Take two persons for example Mr A and Mr B say Mr A has 200USDT in his unstoppable wallet for example and Mr B has $200 in his pocket. The only difference between the both of them is that one has his funds in digital form and the other physical cash.

The reason there is no need storing stable coins is because they obviously can't combat inflation thus they shouldn't be seen as a proper investment plan.

[KryptoBull]

My point exactly. I don't see buying some coins like USDT or USDC which obviously is pegged to the dollar as investments, I see it as taking some cash and putting it in your wallet only. Take two persons for example Mr A and Mr B say Mr A has 200USDT in his unstoppable wallet for example and Mr B has $200 in his pocket. The only difference between the both of them is that one has his funds in digital form and the other physical cash.

The reason there is no need storing stable coins is because they obviously can't combat inflation thus they shouldn't be seen as a proper investment plan.

I have a more positive outlook on stablecoins. USDT and USDC have always been part of my investment strategy for many reasons. Stablecoins are always a safe haven during crypto winters; they are investments in safety while also providing an APY of a few percent while many other tokens lose 75% to 95% of their value.

In many countries, buying USD is extremely difficult, and storing USD in a bank account comes with negative interest rates, meaning users have to pay a fee to maintain their USD account. USDT/USDC is clearly a better, easier, and more beneficial option than buying and storing USD yourself to avoid the depreciation of the domestic fiat against the USD.

[Aanuoluwatofunmi]

The only investment we can make with stablecoin is when we are holding our asset in it before investing on any crypto, it will help us in knowing the exact rate or worth of the asset we are investinf in USD

[Vision pro]

The only investment we can make with stablecoin is when we are holding our asset in it before investing on any crypto, it will help us in knowing the exact rate or worth of the asset we are investinf in USD

Yes, holding assets in stablecoins can help you preserve value and avoid the volatility of other cryptocurrencies. When you hold your funds in stablecoins like USDT or USDC, you maintain a stable value, usually pegged to the US dollar. This makes it easier to measure the worth of your investments in USD and ensures that your purchasing power remains consistent when you're ready to invest in more volatile assets. Stablecoins provide a way to time your market entries or exits without worrying about price fluctuations in the meantime.

[koang]

I have a more positive outlook on stablecoins. USDT and USDC have always been part of my investment strategy for many reasons. Stablecoins are always a safe haven during crypto winters; they are investments in safety while also providing an APY of a few percent while many other tokens lose 75% to 95% of their value.

Makes sense 
I always do too, Diversifying my portfolio with USDT.
Adding Stablecoins to our portfolio helps reduce the risk caused by volatility during crypto winter. Stablecoin can also be used as a means of payment or to buy other crypto assets.
Staking USDT can also be an attractive option for investors looking to earn passive income from their crypto assets with relatively low risk

[kai]

It can be said yes and it can also be said no because the USDT on Binance that I noticed the APY changes and I have seen the APY on Binance has reached 10%. But for now the average is around 2-3% only the same as Fiat in conventional banks.
If I have more than 100,000 USDT, maybe I will try investing in Binance with an APY of 3% because I think with my surroundings the profit calculation is 100,000 USDT x 3% = ... that's enough for my salary to work in 1 month which is multiplied by 12 months for 1 year.

[Goldlife]

It’s a stable coin whose price never decreases. Stablecoins are safe for investing. Especially if you want to keep a stable asset or use it for liquidity. However, it should not expect direct capital gains from stability. So it’s wise to use it balancedly with other cryptocurrencies or assets. That’s why we invest with this coin.

[Report]

If the market continues to go down then it is better for me to buy stable coins like USDT, USDC or FDUSD because the coin will be stable at a price of 1:1 with USD and when ABC altcoins go down then at that time you can buy them in large quantities. It also depends if the stable coin is used for staking toys like Conventional Banks because I know that on Binance the APY is around 3-4% per year. While waiting for the price of the Dump coin, it is planned that the stable coin will be staked.

[Mia Chloe]

If the market continues to go down then it is better for me to buy stable coins like USDT, USDC or FDUSD because the coin will be stable at a price of 1:1 with USD and when ABC altcoins go down then at that time you can buy them in large quantities.

Well you do have a point. Owning stable coins is like owning traditional fiat and it has almost no added value cumulatively since volatility is very low. But still, that doesn't mean they are good for nothing. Stable coins can be used to escape the effects of volatility when necessary. That for example means if I wish to spend $X amount of a coin say bitcoin for example in a couple of weeks and I feel there may be price shifts which I'm not willing to risk , ill just swap a couple sats to USDT to save me the stress of unnecessary calculations.

There are numerous examples including cases where certain things must be priced in fiat especially dollar and you have the risk of dynamic rates leading to price alterations too.

[MUGNIA]

The only investment we can make with stablecoin is when we are holding our asset in it before investing on any crypto, it will help us in knowing the exact rate or worth of the asset we are investinf in USD

and it is certain that stablecoin is a storage of assets to be used as the next crypto if the market is experiencing a decline, the problem of whether or not it should be in my opinion goes back to each person's point of view in choosing an investment, whatever form of investment as long as it does not harm everyone is good