When will we reach peak Stable coin?
If you thought all those new stablecoins are a bit overkill let me introduce you to HUSD. It kinda a stablecoin made by Huobi.
Here the link: https://huobiglobal.zendesk.com/hc/en-us/articles/360000170601-Announcement-on-Launching-HUSD-solution-on-Huobi-Global
When you deposit any kind of stablecoins, they will be shown as HUSD in your account.
I predicted this would happen(or joked about it :P).
HUSD solution supports four kinds of stablecoin: Paxos Standard(PAX),True USD(TUSD),USD Coin(USDC)and Gemini Dollars(GUSD).
Notice no Tether?
Of course you can't withdraw HUSD but convert it, but a stable coin like is going to be be made.
A token backed by other tokens that is back by USD a fiat that in a bank doing fractional reserve and loses value every year...
The question is when?
When will we reach peak Stable coin?
I think are almost at the peak of the high, because I can't keep the stable coins anymore.
lol
Hi @sames!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.420 which ranks you at #2107 across all Steem accounts.
Your rank has dropped 1 places in the last three days (old rank 2106).
In our last Algorithmic Curation Round, consisting of 256 contributions, your post is ranked at #206.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Congratulations,
you just received a 14.08% upvote from @steemhq - Community Bot!
Wanna join and receive free upvotes yourself?
Vote for
steemhq.witness
on Steemit or directly on SteemConnect and join the Community Witness.This service was brought to you by SteemHQ.com