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. * . 🛸 * .🌙 * . * 🪐🪐 . * * . 🌍* . .🚀 * 💫 * . * . . *. ✨ ECoin_Finance_ TO THE MOON * . * 🌑 . * * . * 🌕 . * * . * 🛸
Which means still far too many people and organizations invested in so-called Stable Coins. Why on earth would anyone own them instead of buying short term US bonds, and earning interest with security? Stable Coins are interest-free unsecured loans.
USDC looks a lot like UST recently.
It has stagnated because USDC keeps losing its market cap due to reputational issues. Probably will be less that $30B next year.
usdc's market cap is still suspiciously high. i mean have you seen its trading volume🧐
In the future, Tether will continue to grow, USDC will collapse, and DAI will lose its peg and cease to be a stablecoin
The recent events showed us that usdc is falling out and though there's not enough talking about it, I believe it's for better and we will cut out a huge piece of ponzi scheming in crypto
So, some stables collapsed, that's why people got a bit afraid of having their funds in them. Also, USDC has lost trust of many investors, which is also not surprising
I decided to get only real coins on Owrn wallet, without stablecoins
Only USDC is not growing. But this is not surprising. Nobody is using this token.
I think it’s the perfect opportunity for USDT to go viral
Some stablecoins like USDT do provide stability in crypto market.
Yep contries like Argentina has adopted USDT lately
tc4irc7go0mf tinyurl.com/5ec5w498
Finally there are still legit traders online in time like this 2weeks ago I decided to follow my friend and try stocks and binary trade with Expert___Olsen and it turns out as a surprise to me after I invested $1000 and got back $3550 Expert___Olsen is a legit trader, Dm her.
Well, I wasn't expecting USDT to suffer from that. It was and will be the top 1 stablecoin.