Blockchain.com Considering a Stablecoin Partnership

[pepeg]

Popular cryptocurrency wallet provider and Bitcoin block explorer service, Blockchain.com is considering partnering with one stablecoin by the end of the year. This news came from Blockchain.com CEO Peter Smith.

Isn't it remarkable how the world of stablecoins has been exponentially growing since last year? Tether is still the largest one, but soon maybe others will surpass it...

Blockchain.com CEO Peter Smith: We're Considering a Stablecoin Partnership | AllStocks Network

 

[Old Man Crypto]

Educate me please. How many stablecoins do we need? It’s my opinion that if crypto wishes to become a one worldwide currency, we only need one. One currency accepted everywhere for purchases, services, payments, gifts, paychecks and so on.

One coin that we can all use from our phone, tablet or computer to buy stuff from anywhere in the world.

Are all these stablecoins being created by exchanges just as ways to hold money out of crypto when trading? Because then they are just trading tools and don’t really help us get to a one worldwide currency.

Excuse my naïveté, but what am I missing? Thanks.

 

[koorper]

I couldn't get this idea as well, so that's why I'm curious a bit too, I thought that we need as many stable coins as we have cryptocurrencies in order to be protected from market instabilities

 

[nazakethussain]

Yeah we need more coin in cryptocurrency... but they must be stable...

 

[CarryWeaver]

Educate me please. How many stablecoins do we need? It’s my opinion that if crypto wishes to become a one worldwide currency, we only need one. One currency accepted everywhere for purchases, services, payments, gifts, paychecks and so on.

One coin that we can all use from our phone, tablet or computer to buy stuff from anywhere in the world.

Are all these stablecoins being created by exchanges just as ways to hold money out of crypto when trading? Because then they are just trading tools like 10 Best Cryptocurrency Trading Tools You Need For Success - 3commas - 3commas Cryptocurrency Blog - Trading Guides and Tutorials and don’t really help us get to a one worldwide currency.

Excuse my naïveté, but what am I missing? Thanks.

As for me, the main thing in getting good profit is connected to the trading tools usage. For instance, if you started to work with the trading bot, you will have time to do another your business, while income increases.