4:20 yeah so essentially they are trading their venezuelan currency for other currency aka euro,dollar etc. so what if those currencies collapse? crypto stable coins are pegged to mentioned currencies that cannot still fight inflation.
How do stablecoins protect against currency devaluation if they are literally pegged to USD. Isn't that kind of the point of crypto. And crypto already makes it easy to send $ to others. I guess theu are more "palatable" to boomers?
The community aspect of cryptocurrency is so important; thanks for addressing it.
isn't DAI decentralized ? not clear at 10:43
DAI is partially collateralized with USDC afaik.
Blockchain is the magic! 🎉 Great video! 🎉 Kudos!
Useful video, thank you! For novice crypto traders, it is important to know the advantage of USDT
Thanks man! I really enjoyed how u explained the concept so explicitly!
4:20 yeah so essentially they are trading their venezuelan currency for other currency aka euro,dollar etc. so what if those currencies collapse? crypto stable coins are pegged to mentioned currencies that cannot still fight inflation.
This is exactly what I needed to understand DeFi better!
Great content! Would like to see you cover the challenges and opportunities of stablecoins for central banks worldwide
When I studied Tether, I became very familiar with how stablecoins work.
Great content. Would like to see you cover which layer1 blockchain can be the trend during the next bull market.
This never explained the non-algorithmic 'ponzi Stablecoin'
"That right is reserved for the US government" - OHHHHHHHH DAMN! loved it
This video motivated me to invest in my first cryptocurrency!
step finance is definitely one of my favorite projects in the crypto space.
Step Finance is taking all the right steps-can’t wait to see what’s next!
What types of analytics does step finance offer for crypto users?
Great vid
Love how Solana is empowering developers and creators with its robust platform, especially step finance , woow
It is enough to get familiar with Tether and that's all you need to know about stablecoins.
Tons of stablecoins, nothing else to choose from, one Tether and that's it
Your predictions about the future of Bitcoin are intriguing.
This video will need some serious updating/revising, once the USD and the EURO become worthless...
I want to buy as much Tether as possible and wait for something special
Does this mean if the dollar and / or banks crash. My stable coins will still hold value?
What was the first coin you bought yourself? from the stable... i'm tether
Not so much I store tokens in my BFX wallet
No matter how good I feel about all stable coins, the best remains Tether anyway
🇵🇰 پاکستان زندہ باد 🇵🇰 🌍🌎🗺
How do stablecoins protect against currency devaluation if they are literally pegged to USD. Isn't that kind of the point of crypto.
And crypto already makes it easy to send $ to others.
I guess theu are more "palatable" to boomers?
It is important for novice crypto traders to know about stable coins. Tether is very useful for trading and buying cryptocurrencies.
You still poor?
Do Kwon: YES 😭