in theory, but in practise they are not secured by cash and so the word 'stable' is a lie. if a stable coin is backed by 100% cash orgovernment bonds then yep, stable. but thats not the case.
also, why would you want to hold stable coins instead of cash in the bank? zero reason i can see besudes if youre trying to avoid tax or are in illegal activities. happy to have a debate or hear why youd hold 'stable' coins instead of cash.
in theory, but in practise they are not secured by cash and so...
Add NOV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.6¢ |
Change
-0.006(9.68%) |
Mkt cap ! $19.88M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.6¢ | $20.7K | 360.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 89100 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 51783 | 1 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
|
|||||
|
Last
5.6¢ |
Change
-0.006 ( 9.68 %) |
||||
| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.6¢ | 232198 | ||
| Last updated 13.12pm 30/04/2024 ? | |||||
| NOV (ASX) Chart |