Do we really need stable coins?

[Noverteno]

Stable coins are very helpful when working with cryptocurrency. There is no doubt about that. However, our opinion on stable coins has practically no significance. The states have already understood the advantages of using their digitized currencies and will in any case use them in the future as a new form of payment. The advent of coronavirus markedly accelerated the transition to the use of stable national coins of states. Paper money has become ineffective and too expensive to maintain. Of course, the transition to the use of stable coins will take a very long time and may not fully end.

[I-Bit]

As it is stablecoins, the price cannot move significantly, so it doesn't fit for investment. But if we consider keeping money, so the amount of money won't decrease, then the stablecoins fit for you. Whether it is needed or not, depends on the user or the holder. However, overal stablecoins are good to exist in crypto space.

[carcas]

I don't really like and often use stable coin. If there is something important or bad market news I will use. Stable Coin I use more precisely when I want to wait for a bad market to recover and buy back another coin

[Renampun]

stable coin is the most suitable for payment...
so that mass adoption can occur in the future then stable coins must remain, Bitcoin and other coins are not very suitable for payment but Stable coins are very suitable because the price stable.

[Quart]

Yes, we probably need it for the shake of the stable coins. They are available to be used for such kind of payment, trading pairs, and also be used for such kind of transactions. However, I mostly prefer only to the USDT and probably BIDR as what in my country currently emerged.

[NihonShoki]

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.

[Esperanza12]

The use of stablecoins will extend access to a stable currency for those who need it. The relative stability of the US dollar against the currencies of other countries is taken for granted

[GeorgeReece]

of course We need it The reason many people join stablecoins is to hedge their risks, especially when the market is in decline today

[Calantha]

An accessible digital decentralized tool with stable prices would be a great alternative for people living in countries with volatile monetary systems and tight state capital controls.

[ranaprime]

Stablecoin is a one kind of cryptocurrency which offers low volatility against the world’s major national currencies, unlocking the benefits for decentralized technology. Stablecoins can be defined as a cryptocurrency with a fixed price. A reliable stablecoin offers a number of use cases than that of the blockchain. People no more need to worry about the fluctuations in prices of the cryptocurrency daily while buying them. So I think it strongly need in Crypto currency.

[juv3ntus1]

Yes is very usefull for people how make trading,they use stable -pair  coins for a stop loss,in this way don't lose to much money.

[Rosemaryy]

Of course, a stable currency leaves us less financially exposed and makes the market more stable against volatile currencies.

[TERMINO]

Playing safe from volatile market is what I think the resolution of stable coins. There are dump and pump coins that can make us rich or poor in just one night. Stable coin is different, it doesn't matter whether the market is falling or rising. The price won't be affected coz it is stable.

[Delgado]

Stable coins make it much easier for us to work with cryptocurrency. This is a buffer zone in cases where we want to quickly withdraw our funds from any cryptocurrency, or even transfer from one cryptocurrency to another, but there is no direct pair for this. Or just wait for a suitable investment opportunity for a while.
Soon, states will launch national central bank stablecoins, that is, their digitalized currencies, and this will create even more convenience.

[Hometown]

Why not, stable coins are very much important in cryptocurrency market because an investor need a stable coins to reserve his own assets. Sometimes I convert my Ethereum and bitcoin into USDT stables coins.