Stable Coins

[Chomzzy]

It is estimated that the tether daily market volume is over $2 billion dollars.
This is actually huge and signifys that the tether market is congested and so there's need for the creation of more stable coin to dilute the pressure on tether.
What's your opinion?

[debra]

It is estimated that the tether daily market volume is over $2 billion dollars ~snip~

It means that there are many people around the world that are interested in utilizing stable coins. It is a good sign for the stable coins to continue their existence on crypto world. I think it will be used more and more in the future.

[Stuart]

It is estimated that the tether daily market volume is over $2 billion dollars ~snip~

It means that there are many people around the world that are interested in utilizing stable coins. It is a good sign for the stable coins to continue their existence on crypto world. I think it will be used more and more in the future.

With the little observation I have made, exchanges are trading on a high level using Tether. Tether will survive for the long run because of traders, cause no long term investor or even short term investors that will invest into Tether, cause it will not yeild anything.

[MrSpasybo]

Currently Tether is a fiat-crypto bridge for the community to access crypto, while preserving the assets when the market fluctuates. UDST is the first stable coin and is supported by Bittrex so it is the most popular, although it is only supported by assets worth 70% cap.

[Bobcrypto]

I think creating more stable coins will help reduce pressure from the few existing stable coins. This is  because stablecoins are the only form of cryptocurrencies where you don’t have to worry about instability and volatility of cryptocurrency prices, and this, in my opinion, requires more stable backed cryptos coins to enhance crypto business activities.

[saprakib]

It is estimated that the tether daily market volume is over $2 billion dollars.
This is actually huge and signifys that the tether market is congested and so there's need for the creation of more stable coin to dilute the pressure on tether.
What's your opinion?

Really its a good point you noticed .There are more stable coin like USDC i think those are not perfect as tether is .So i think we need more stable coin like Tether .Hopefully we will get in the near future .

[Senin]

Currently Tether is a fiat-crypto bridge for the community to access crypto, while preserving the assets when the market fluctuates. UDST is the first stable coin and is supported by Bittrex so it is the most popular, although it is only supported by assets worth 70% cap.

I wonder how the USDT will be used when a stable Libra coin works at full strength? It is already very much advertised, even before its release. Yes, stable coins play an increasing role in the world of cryptocurrencies and are very convenient to use. At the same time, they create the popularity of cryptocurrency and its more widespread introduction into our lives.

[MrSpasybo]

The stable coin community has one more member and their competitor too, USDT, TUSD and PAX will have to compete and win market share. I look forward to the day Libra is officially listed on Coinmarketcap, maybe Libra can take 2nd place of Ethereum.

[Delgboke]

The Stablecoin has a stable price and there's no way the value it's going to grow above I think that's why many people are adopting the use of Stablecoin because the price Will not go up and down and it's like has more adoption than of altcoins adopters with high volume we need more Stablecoin so that many people can still have opportunity to invest more on the Stablecoin.

[Condorlaib]

Currently Tether is a fiat-crypto bridge for the community to access crypto, while preserving the assets when the market fluctuates. UDST is the first stable coin and is supported by Bittrex so it is the most popular, although it is only supported by assets worth 70% cap.

I wonder how the USDT will be used when a stable Libra coin works at full strength? It is already very much advertised, even before its release. Yes, stable coins play an increasing role in the world of cryptocurrencies and are very convenient to use. At the same time, they create the popularity of cryptocurrency and its more widespread introduction into our lives.

I hope that Libra and USDT will not overlap, since I believe that Libra with Facebook will play the role of a payment system, which is very different from the task of USDT.

[Alcor]

It is estimated that the tether daily market volume is over $2 billion dollars.
This is actually huge and signifys that the tether market is congested and so there's need for the creation of more stable coin to dilute the pressure on tether.
What's your opinion?

In my opinion, such a stable coin, which can help ease the pressure on the USDT, can serve in the future as a stable coin of the Chinese government CBDC, which is still being finalized. However, the prospect of this coin is also huge.

[Fenix]

It is hardly worth worrying about. Stable coins are now developing very quickly. It looks like the USDT will soon have many competitors. This is the Chinese stable coin CBDC, as well as the US national stable coin, which its government has already announced.

[Coin63@]

Maximum stable coins are supported by its central Bank and governments agencies. But unstable coins don't have any support. So day by day stable coins get more popularity.

[Alcor]

It is hardly worth worrying about. Stable coins are now developing very quickly. It looks like the USDT will soon have many competitors. This is the Chinese stable coin CBDC, as well as the US national stable coin, which its government has already announced.

After Facebook announced the launch of its stable coin, Libra, the governments of leading world states and their central banks seemed to wake up. Many began to declare the creation of their national stable coins. It seems that they will be serious competitors to a decentralized cryptocurrency. It’s even hard to say what people will choose as a means of payment.

[Crypto_Somrat]

It is estimated that the tether daily market volume is over $2 billion dollars.
This is actually huge and signifys that the tether market is congested and so there's need for the creation of more stable coin to dilute the pressure on tether.
What's your opinion?

Actually I am not using this coin. For this reason I have no idea about this metter. But I am very interested to used this coin.