do we really need stable coin ?

[MrSpasybo]

The extremely strong growth in the number & capitalization of stable coins has recently reaffirmed their importance and importance to the crypto ecosystem at the present time. They are both a bridge that connects the traditional economy with crypto, and a haven for assets at a time of high market volatility. PayPal & Visa also started researching and accepting crypto, starting with stable coins instead of Bitcoin or ETH
There is probably no need to be more skeptical: for the time being, we need stable coins.

[Pegasus]

I don't think that stable coins are unnecessary but I don't think that we desperately need them either. Without stable coins, we can use USD or GBP to calculate bitcoin price, all /USDT trading paris will be gone and altcoins prices will be exclusively calculated base on bitcoin. It's just the fact that we need stable coins for the ease of calculation.

[shadowdio]

Yes we should need stable coins because once the price of a crypto is going down then we can convert it into stable coin so that our money will be safe from losing. This strategy is what you called stop loss.

[Andruha1993]

We definitely need stablecoins. Personally, I cannot live without them. Since sometimes the prices of well-known cryptocurrencies jump because of this, I lose profit.

[Gurjasmeet Singh]

Yes,ofcourse we should be aware & doing stable coin. Because everyone could not want have to high risk. Although last few year lot of people have good earnings from crypto currency  & other altcoins. More over no one wants get loss in future. I think so.

[Jaephoenix]

Stable coins importance can never be over-emphasized. First, its a means of pegging a particular crypto from volatility. Secondly, it's an opportunity for other projects that is backed by assets like gold, diamond to join in crypto. Thirdly, it's actually a store of value

[Esperanza12]

When we buy and sell virtual currencies like BTC, ETH, we must use Stable coin to take profit or avoid storms. For example, when BTC goes up, we sell BTC for USDT, after the BTC price falls, don't worry because we have exchanged USDT (the price is unchanged).

[Keelin]

Tether has been stable for a long time. Obviously, the possibility that the Tether is backed by USD in some banks is enough for it to trade on par most of the time. But with anything in focus, there are some potential risks that can affect the stability of the fully supported stablecoin. And I think we all need that kind of stability

[Jaephoenix]

Stable coins are a trader's best friend. Why? You need an instrument to peg or rather to I've wildly volatile market like crypto. Especially if the said trader would be unavailable to trade or does not have the stomach to take on the market. And these days, we're having much more reliable and profitable stable coins

[Naimah]

Stable coins are immune to volatility and inflation. It can be used to issue and receive consumer loans and for various purposes, without fear that the token rate could change in any direction during the transaction.

[Astra]

The emergence of stablecoins is evidence of the development of both digital currency and cryptocurrency in particular. Stable coins have greatly simplified the work of moving money from cryptocurrency to fiat, and also allow you to keep funds in such a form that they are always at hand. Of course, we really need stablecoins.

[MasonRobert]

Yes, we really need them to hedge their risks, especially when the market is in decline. A stable currency is an opportunity to fulfill this need. It should be noted that this direction is actively developing, attracting more and more institutional investors

[vegasus]

Stable coins are immune to volatility and inflation.

You are right, stablecoins is the solution for fluctuation in price. But for investment, stablecoins will kill the chance to get higher profits. As the name of stable coins, the price is rather stable and never rise significantly. So, it is like you store money on the box, it will be safe but no chance to multiply.

[CharlieKyle]

In today's era with the explosion of information, with the miraculous advances of science and technology, with the rapid development of the market economy, everything can be replaced by the something more advanced and modern. And so a stable currency is very essential to us