What are stablecoins and why are they important? 🪙
Stablecoins are cryptocurrencies whose value is tied to a stable asset, such as the US dollar (USD) or gold. Unlike volatile Bitcoin, the price of coins like USDT or USDC always aims for $1.
Why should you use them?
Risk protection: During market downturns, investors convert their funds into stablecoins to preserve capital.
Fast transactions: You can instantly send money around the world without intermediaries.
Fixed price: This is an ideal tool for paying for goods and services.
Stablecoins are a bridge between traditional finance and the crypto world. Which stablecoin do you choose to store your assets? 💭 👇
CryptoEducation #stables
BTC
69,357.12
-1.38%
ETH
2,093.11
+1.90%
BNB
650.35
-0.67%