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Stablecoin on Pancakeswap

Binance

Cryptocoins Exchanges / Binance 284 Views

Hi everybody Sorry for the maybe stupid question, but all tokens Iβ€˜ve seen being traded on pancakeswap are bein traded againg binance... Is it actually possible to add liquidity to a new token using a stablecoin (usdt for example)? And if yes, which coins are more suitable for this? Many tokens have lost a lot of value the past weeks, but most of the lost being caused by the price drop of Binance. Using a stablecoin the value of the token should only be impacted by the progress of the project behind it. Is that anyhow correct? Thank you for bringing some light into this topic ????

submitted by /u/_Grischa_
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