4 ms·

Not until it's near as stable as the dollar it won't.

• mirekrusin 7y ago
  It's easy to avoid this kind of problems: - convert to fiat - open sell order against fiat - convert to stable coin ...or just for PH to support stable coins internally. As weird as it sounds I honestly think they should pair with one/more exchanges to support low friction onboarding/exchange - who knows, maybe some of them will convert to traders! :)
• justinzollars 7y ago
  There is pretty high liquidity, no need to save it. You could instantaneously buy/receive through coinbase. And have your dollars.
• microtherion 7y ago
  And not until average confirmation times of a transaction drop significantly below the average duration of an erection.
• a13n 7y ago
  Tether follows the dollar (1 Tether === $1.00 USD).
  • Qwertystop 7y ago
    Not anymore, is it? Last I heard they were in pretty significant legal trouble due to not actually having the 1:1 real-doller backing they claimed to, or other assets of equivalent value, among other issues.
    • a13n 7y ago
      "All Tether tokens are fully backed by reserves." https://www.coindesk.com/tether-says-its-stablecoin-is-fully-backed-again https://www.coindesk.com/tether-says-its-stablecoin-is-fully... Tether (USDT) $1.00 USD https://coinmarketcap.com/currencies/tether/ https://coinmarketcap.com/currencies/tether/