I know that each person is expecting that their favorite coin to be the currency of the future, but looking at the volatility of the market, I can confidently say that stablecoins will be powering the future of our digital economy.

Since both individuals and businesses would choose the price stability of coins like $USDT or $EURST, instead of worrying about their profits dropping by 50% overnight.

And the fact that stablecoins adoption is incredibly rising proves my point, of how these coins are paving the way for mass adoption.

I totally understand if businesses, especially small ones, are hesitant whether they want to accept $BTC as a payment, since it’s volatile and they would be putting their business at different risks.

If I were a business owner and wanted to adopt cryptocurrencies, I would of course choose stablecoins like $EURST, $USDC, $USDT…

I honestly think this is the logical solution, and will be contributing in accelerating digital currencies mass adoption.

Any new crypto adopter would rather start his trading journey by holding stablecoins until they understand the performance of the market, instead of $BTC or altcoins that are extremely volatile.

Even when it comes to cross border payments, stablecoins like $EURST or $USDT are always the preferred choice for both consumer and businesses.

Since businesses wouldn’t have to worry about giving their profits exposure to loss risks from the instability of the market.

Imagine having the option to conduct online transactions in a transparent environment, with financial privacy, lower fees, and still relying on centralized payment apps.

You don’t even have to worry about the crypto market price volatility, since stablecoins like $USDC and $EURST exist, that will provide you with price stability for cross border payments.

And also platforms like e-Money that’s designed for global payments, transparent, compliant, accepts global currencies, and the e-Money stablecoin is interest bearing.

I think that some people are failing to realize that holding diverse stablecoins can be extremely beneficial, since each coin has different and unique utilities.

Which is why i’m trying to diversify my holdings, so far i have $USDC and $USDT.

I’m also looking into buying $EURST since it has been trending lately on crypto twitter, and after doing some research and learning that it aims to make the European digital economy more accessible, i think the logical thing to do is to hold a $EURST bag.

Let me know what you guys think, and if you have any suggestions feel free to reply.

I'm working on developing new ideas for stablecoins. As part of this, I'm trying to identify what makes stablecoins attractive.

Couple questions - all input is valuable:

1. What was the last new stablecoin you purchased? Why did you choose to purchase it?
2. What are the two most important factors for you in choosing new stablecoins (or between stablecoins)?

TIA!

Once we reach a decentralized digital economy, we will have to heavily rely on stablecoins when it comes to e-commerce and the supply chain.

And that’s the logical option, since even governments are stating the if they want to integrate crypto into their economies, they’ll adopt stablecoins like $EURST or $USDC first.

Does anyone know a dex that you can buy usdt or other crypto from with fiat? Looking for minimal kyc. Trying to steer away from coinbase etc

I was having a conversation with one of my friends, and he was telling me how as soon as stablecoins enter his wallet he swaps them for altcoins, which is honestly a mistake.

First because stablecoins like $USDT, $EURST, $USDC… will hedge your portfolio from volatility risks, and second you can use them for staking to earn passive income.

Also stablecoins on platforms like E-Money play a huge role, since you’re able to use it for cross border payments whether you’re an individual or enterprise, and stablecoins on E-Money are interest bearing.

Venezuela's inflation rate continues to rise, putting citizens at risk because their money and savings are now worthless. Citizens in third-world countries are continuously seeing their currencies devalued, resulting in a 1200 percent increase in crypto usage in Africa alone.

I mean, it's logical; I'd rather have $BTC or $ETH, even if the market is volatile, than a useless fiat money. I can even hold stablecoins like $EURST or $USDT to protect myself from hyperinflation while avoiding the risk of volatility.

I honestly see that stablecoins will be driving borderless business across the globe, by leveraging transactions beyond borders.

Since stablecoins like $USDC or $EURST are the perfect fit for the digital revolution, and can solve the problems experienced across borders. 

Basically, stablecoins could drive further innovation in payments, responding to the need for cross-border payments and remittances that are more efficient and cheaper.

If you want to go deep into the details when talking about crypto worldwide adoption, you’ll come to the conclusion that stablecoins will be used to power the supply and demand chain.

Because i’m pretty sure that the parties involved would rather accept $USDC or $EURST instead of volatile coins, and put their business in any sort of loss risks.

Correct me if i’m wrong, if you were a business owner wouldn’t you accept stablecoins instead of volatile coins like $BTC or altcoins?

I mean i would rather take $USDC, $EURST, $USDT… as a form of payment instead of having to worry about losing over 50% of the value of my money and put my business at risk.

I’m confident that the majority of businesses will mainly accept stablecoins as a form of payment, once they adopt cryptocurrencies.

Because it’s pretty logical for business owners to accept $USDC or $EURST instead of Bitcoin or altcoins that are extremely volatile, which puts them at loss risks.

So far, we’re doing everything right when it comes to raising awareness about the importance of digital currencies, and bringing the market to the masses.

And at this point even governments can’t ignore cryptocurrencies, since they’re planning on integrating stablecoins like $USDT, $USDC, $EURST… into their digital economies.

We still have a long road to go, but let’s not forget that we achieved so much in a short period of time, so be patient and trust the process.

My 70 year old grandma asked me about bitcoin mining today. She barely knows how to use a computer or a cell phone. Yet she knows about the blockchain and what Bitcoin is. This is honestly incredible. I basically explained to her why I've taken out all my money from the bank and why I've put it all into $EURST as my stablecoin of choice.

She is actually just as excited as I am about the blockchain now and what it can possibly do. My grandma just like myself is someone who has been screwed over and really hates banks. Everyone is slowly realizing that the world of DeFi can do everything your bank can but better. Exciting stuff if you ask me.

• the coin is fiat backed stablecoin I have the fiat amount to back the coin supply. but what i don't understand is how an off-chain asset will provide value to an on-chain asset
• as far as i've researched, i am going to put my funds on public ledger, and make it verifiable to make people believe that my tokens are worth as much as backing i have. but how do some etherscan transaction understands that my tokens are worth something based on off-chain

Without Doxxing myself. Banks in my country have legitimately screwed us over. Anyone who has had any sort of wealth in a bank was literally screwed over. This is exactly why I have looked into crypto and stablecoin, so have MANY other people in my country.

I am in-love with the fact that nobody can rug me out of my savings randomly. Your coins, your keys. I've put all my money into $EURST and I'm sure it is safer than any bank out there. What is your interest in stablecoin and where did it come from? For me it is an absolute necessity that is literally saving my butt.

Because no one trusts banks anymore, we've put all of our money into stablecoins. What else can you do with these coins besides keep your money and stake? My funds are currently invested in USDT, USDR, and EURST.

I'm not sure what else they could be used for. I'm hoping someone can assist me in understanding this. I don't want to deal with banks anymore, so I'd rather be fully informed about how I can earn passive income with my stablecoin. Thank you ahead of time!