What's in store for Non pegged Stablecoins??
"Non Pegged StableCoins" that has not been Pegged with the dollar or fiat currency may be able to replace the current Dollar Pegged Stable coin. At this point, however, there are still things that have to be worried when we saw the extent of the short-term future market environment and acceptance.
It is still unclear whether users want to be a true "stability" or to some extent the current Cryptocurrency.
The value of virtualization space that look most of the many uses will still be marked with Fiat Currences. When you see the value for each exchange or show that value, it is still US Dollar or its value as a local currency. Perhaps a certain time is required to use the values of Non Pegged StableCoin (only value).
Considering the current technology and availability of solutions, I maybe I do not know that NFT can have an individual area that does not rely on FIAT Currences.
The reliable thing is that someday is a significant change in our thinking method for stability and value to be used to be independently and applied as a standard, which is independently utilized and based on the basis. The value of the COMMODITIES is the value of StableCoin and the protocol to measure is being released.
Non Pegged StableCoin is not clear competitor, Unlike algorithm-based stable coins, there is no rival instantaneous competitor. But these words may be clear in the market and the location is ambiguous. You may think of the future attractive possibilities and status, but now you have ambiguous positions.
The value of the stable coin and the way to go forward
While bitcoins begin to be known to people and began to people, this new form of money stimulates people's imagination. However, when you start to considering actual use, you have begun to worry that the volatility of the bitcoin has a high volatility and that it can be difficult to use it anywhere, anytime, anywhere.
Someday I will gradually be stabilized if the bitcoat is more universal and the range of use is wide in the future. However, if there is a limited supply and increasing demand, stability may be difficult to expect. It is like gold.
If you solve these volatility, it is a stablecoin, and if there was no stable coin, the current DEFI may not be born.
Perhaps the stable coin will continue to evolve, and at some point, when the conditions were mature at some point, we can approach as a unique logic and value storage method, not a Pegged form.
Posted Using LeoFinance Beta