In addition to the ProjectBlank that has not yet come, I would like to see LEO create a Stablecoin for the platform in the future. That would be very interesting.
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In addition to the ProjectBlank that has not yet come, I would like to see LEO create a Stablecoin for the platform in the future. That would be very interesting.
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I still don't quite understand this very well.... what are the benefits of having a stable coin?
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One of the most important things about having a Stablecoin is that if the market is falling, you can "protect" your equity that was in crypto and transferred it to a Stablecoin keeping its price in dollars since it is pegged to the US dollar.
With the market down and you realize that you have found a fund and you think that crypto has a chance to recover you practically buy it cheaper. It is the basics to buy low and sell high (if you want to sell).
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Instead of creating another Stablecoin , I think we must work on existing HBD is my opinion . I know we have tried it for a long time and it is still not stable lol but recent changes gives hope.
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Still, I believe that in the ecosystem we can have others too, and from what I've heard, it seems that HBD will finally be like a legitimate stablecoin. In the coming months we will be able to have more detailed information about this.
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What is some of the plans that Blocktrades and others are trying to do to get HBD as a stablecoin work?
Do you think that will suffice?
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I also think having a real stable coin would be hugely beneficial for the ecosystem, or maybe even more than one
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HBD took a huge pump last night and its still elevated. I am not sure how well it is working as a stable coin. Maybe we just need more time so there is more HIVE/HBD in the market that a single whale can't manipulate prices.
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