What do you use stable coins for?

[Nomad]

Do you use stable coins? What do you use them for? Well, I use stable coins as a trading pair. I also use stable coins for P2P trading. Sometimes I use stable coins, mostly USDT to earn interest from the reward pool. I sometimes use stable coins as a hedge against market risk.

 

[Riberet19]

Right now I don't use Stablecoins, since I saw the announcement that Tether is going to monitor the entire secondary market on all the transactions that are made with the stablecoin thanks to chainanalysis, it seems to me that these coins are too centralized and I am not interested in them.

 

[Nomad]

Most stable coins are centralized so are the crypto coins. Cryptocoins that are created by private organizations are also centralized even though they claim to be decentralized.