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❕NEWS Analysts happy with the progress of stablecoins

AudraMiller

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In the reason cryptocurrency market crash many of the coins have decreased in value substantially. In fact those that have invested in cryptocurrency within the last few weeks would have seen major losses to their investments. However according to cryptocurrency analysts DeFi and stablecoins have done very well for themselves during this time and have maintained a level of stability. This truly shows that the stable coins are not able to be affected by certain cryptocurrency news as we saw recently.
 
In the reason cryptocurrency market crash many of the coins have decreased in value substantially. In fact those that have invested in cryptocurrency within the last few weeks would have seen major losses to their investments. However according to cryptocurrency analysts DeFi and stablecoins have done very well for themselves during this time and have maintained a level of stability. This truly shows that the stable coins are not able to be affected by certain cryptocurrency news as we saw recently.
They would be useless if their price fluctuated a lot form the fiat currencies they are meant to be tied to. Afterall, Stable coins are the life lines of cryptocurrency investors in corrections, crashes and bear markets.
 
In the reason cryptocurrency market crash many of the coins have decreased in value substantially. In fact those that have invested in cryptocurrency within the last few weeks would have seen major losses to their investments. However according to cryptocurrency analysts DeFi and stablecoins have done very well for themselves during this time and have maintained a level of stability. This truly shows that the stable coins are not able to be affected by certain cryptocurrency news as we saw recently.
Yes, all stable coins in all exchanges reached all time high this month, and after the recent crash of Bitcoin they all also able to manage their price on a stable level.
 
Yeah. But they are still somehow affected by the recent dip. I only hope Bitcoin will ride as it was predicted. Many are still yet to recover from the dip and they can barely survive the year if it doesn't go back up
 
In the reason cryptocurrency market crash many of the coins have decreased in value substantially. In fact those that have invested in cryptocurrency within the last few weeks would have seen major losses to their investments. However according to cryptocurrency analysts DeFi and stablecoins have done very well for themselves during this time and have maintained a level of stability. This truly shows that the stable coins are not able to be affected by certain cryptocurrency news as we saw recently.
Stable coins were used mostly to stop loss during the downtrend point and also as a pair for many cryptocurrency when one wants to buy it
 
Stable coins were used mostly to stop loss during the downtrend point and also as a pair for many cryptocurrency when one wants to buy it
This is what i have used it for in the past, however the exchange that i now use (the yobit exchange) actually has usd on their exchange so i do not need to use stablecoins in that regard.
 
This is what i have used it for in the past, however the exchange that i now use (the yobit exchange) actually has usd on their exchange so i do not need to use stablecoins in that regard.
Usd is also a stable coin. Stable coins are not only confined to usdt , Usdc and the likes but for all the coins that do not fluctuate in value
 
During the recent bear market stable coins where mostly adopted by investors to save their funds in order not get drained down by the dip. DEFI coins on their own have really increased in their stocks, they are ideal for investment especially Unicoin.
 
That is why they are called stable coin ,so I don't think they would flunctuate with any news happening and others ,that is why people store their asset there before buying cryptocurrency
 

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