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Stablecoin what are they? Will they be the ones who lead the crypto industry in the 2019?

What are Stablecoin? Will they lead the crypto sector in 2019? Analysis of a growing trend ... 

While Bitcoin is trying to reassemble, with a shaky climb closer to $ 4000, the entire industry of criptpovaluta is still declining compared to last year. Since the start of the year, Bitcoin has lost almost 80% since its peak of almost 20.000 dollars touched in December 2017.

For some investors, the collapse of the Bitcoin price and the best known altcoin has given a sort of "alarm" to the entire ecosystem, leading to widespread sale, and worsening mood towards blockchain and virtual currencies.

Just a few days ago, EWN reported the significant number of startup based on cryptography that have been forced to close down in recent months, and to make substantial personnel cuts in response to the growing market trend, as it was originally expected.

However, not everyone seems to be pessimistic. Although the sector is certainly not in good health, and the severe correction will leave far more than a few victims on the ground, in reality it is probably wrong to think that the market is destined to die. Perhaps, however, the sector is only experiencing a temporary setback that will eventually see the market return to a positive pace.

So, for example, the Chief Investment Officer of CCL Investment Management James Bevan, who has given back hope to investors, arguing that it would be better to remain faithful to cryptocurrencies. "I don't consider it an existential crisis, I consider it only an obstacle along the road to growth" - he said.

Stablecoin

It is also interesting to note how many analysts have identified stablecoinle as a potential avenue for cryptocurrency expansion in 2019 and beyond. The stablecoins, like the popular but controversial USDT of Tether, allow both traders and consumers to operate in cryptocurrency mode without being exposed to the strong volatility of the values ​​that has traditionally characterized the market throughout 2018.

The current Sbalecoin:

In short, according to several analyzes, a growing audience of users may find it more pleasant to deal with stable coins, more attractive for daily use, rather than focusing only on speculative assets ...

Roberto Rais

A great fan of cryptocurrencies, a writer for a long time for our editorial staff, particularly attentive to blockchains and cryptocurrency quotes.

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Roberto Rais

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