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RE: The Rise Of Stablecoins | Historical Market Cap

in LeoFinance4 years ago

I am sure you will agree on the reason: Volatility.

Most cryptos are so volatile, that it is impractical to take currency risk on them while running a business. Since there is not much in the way of interest rate swaps or other kinds of currency swaps. People running any kind of crypto businesses need a stable coin of sort. I think they are here to stay, and their slice of the pie will only increase.