Stablecoins are not just digital dollars. My choice 🛡️
Hey, crypto enthusiasts! Darkness_777 is in touch.
Today's WODL on Stablecoins made me think. Many perceive them only as a "parking" for cash, but for me, it's the foundation of survival in the market.
How I use stables in my challenge "100 UAH from scratch":
Storm protection: When the market drops, my stables maintain balance. While $SOL flies back and forth, the stablecoin stands like a rock.
Digital gold (PAXG): This is my favorite. It is pegged to the price of real gold. Having gold on the balance is a way to sleep better while others catch liquidations.
Passive Income: Even small amounts in USDC or USD1 can be thrown into Simple Earn. Why let money sit idle when it can work for 8-15% annual interest?
My conclusion: If you haven't figured out stablecoins — you're not ready for crypto. It's your life jacket.
By the way, the word of the day today was FLOW. Symbolically, isn’t it? Capital should flow, but under your control. 🌊
👇 What’s your favorite stablecoin for asset preservation? Do you trust algorithmic coins or only collateralized ones?
