RE: Beyond SBD: A Stablecoin for the World.
Great questions!
Till now, stablecoins gave no benefit.
As I mentioned above, the stablecoins being generated by Kinesis:
- Are transacted at lower fees than typical payment cards.
Most payment cards have fees of roughly ~3%. However, Kinesis aims to keep this around 0.5% and hopefully increased adoption can push it even lower. So, consider it as an ever-extended black friday sale of 2.5% lower costs on everything.
- Are generating rewards upon usage.
The system will be cored around its users: the people. So, the fees being charged will be distributed to those who actively spend the stablecoins. Think of it as something similar to the cash-back rewards your cards offer. The purpose of this is to push people to use the stablecoin over fiat.
- Will benefit from gold's appreciation.
Fiat currencies have depreciated since their placement. Gold has appreciated on the long-term.
I will discuss these factors in detail in later posts.
Do you really think that the users or crypto lovers are expecting for such stability? or may it will be much appreciated not so stable but less sensitive as it was performing during the last week about black friday and cyber monday? It can be observed that also for profitable objectives kind of sensitive performance is desired by cryptolovers, we believe.