What are stablecoins, and how do they work?

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  • Опубліковано 14 лис 2024

КОМЕНТАРІ • 27

  • @plargyle
    @plargyle Місяць тому

    The community aspect of cryptocurrency is so important; thanks for addressing it.

  • @juanferguson6082
    @juanferguson6082 2 роки тому +1

    Useful video, thank you! For novice crypto traders, it is important to know the advantage of USDT

  • @plargyle
    @plargyle Місяць тому

    This is exactly what I needed to understand DeFi better!

  • @temitopeoyeyinka9951
    @temitopeoyeyinka9951 2 роки тому

    Great content! Would like to see you cover the challenges and opportunities of stablecoins for central banks worldwide

  • @luluxxx3076
    @luluxxx3076 2 роки тому +1

    isn't DAI decentralized ? not clear at 10:43

    • @4night973
      @4night973 2 роки тому

      DAI is partially collateralized with USDC afaik.

  • @yongzhi-97
    @yongzhi-97 2 роки тому

    Great content. Would like to see you cover which layer1 blockchain can be the trend during the next bull market.

  • @plargyle
    @plargyle Місяць тому

    This video motivated me to invest in my first cryptocurrency!

  • @ritensaliman3589
    @ritensaliman3589 2 роки тому

    When I studied Tether, I became very familiar with how stablecoins work.

  • @plargyle
    @plargyle 25 днів тому

    Your predictions about the future of Bitcoin are intriguing.

  • @Nickeb15173
    @Nickeb15173 3 місяці тому

    "That right is reserved for the US government" - OHHHHHHHH DAMN! loved it

  • @shanonramsey5056
    @shanonramsey5056 2 роки тому

    It is important for novice crypto traders to know about stable coins. Tether is very useful for trading and buying cryptocurrencies.

  • @MarkanVaran7
    @MarkanVaran7 Місяць тому

    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.

  • @locoroller_com
    @locoroller_com 2 роки тому +1

    This never explained the non-algorithmic 'ponzi Stablecoin'

  • @JesusIsLord1976
    @JesusIsLord1976 7 місяців тому

    Does this mean if the dollar and / or banks crash. My stable coins will still hold value?

  • @julifafin7216
    @julifafin7216 2 роки тому

    No matter how good I feel about all stable coins, the best remains Tether anyway

  • @devonlee8096
    @devonlee8096 7 місяців тому

    Great vid

  • @DaemonTools-yr5bl
    @DaemonTools-yr5bl Рік тому

    It is enough to get familiar with Tether and that's all you need to know about stablecoins.

  • @gihappy9414
    @gihappy9414 2 роки тому

    Tons of stablecoins, nothing else to choose from, one Tether and that's it

  • @killerbi5052
    @killerbi5052 2 роки тому

    What was the first coin you bought yourself? from the stable... i'm tether

  • @FalconClub-sk9gg
    @FalconClub-sk9gg Рік тому

    Not so much I store tokens in my BFX wallet

  • @bobmarley5449
    @bobmarley5449 2 роки тому

    I want to buy as much Tether as possible and wait for something special

  • @87solarsky
    @87solarsky 2 роки тому +2

    This video will need some serious updating/revising, once the USD and the EURO become worthless...

  • @manzoorahmed4297
    @manzoorahmed4297 2 роки тому

    🇵🇰 پاکستان زندہ باد 🇵🇰 🌍🌎🗺

  • @dbestonly
    @dbestonly 2 роки тому

    You still poor?
    Do Kwon: YES 😭