#AirdropSafetyGuide First: What are Stablecoins?
Stablecoins are digital currencies designed to maintain a stable value often linked to a real currency like the US dollar. The most famous examples:
USDT (Tether)
USDC (USD Coin)
BUSD (Binance USD – Support gradually phased out)
DAI (Decentralized Stablecoin)
Second: Why are they used as a means of payment?
Stablecoins are used for payment for several reasons:
Price Stability: They are not affected by market fluctuations like Bitcoin.
Speed: Transfers are done very quickly, even across borders.
Low Fees: Transfer fees are usually lower than bank cards or SWIFT.
Programmability: They can be used in smart contracts to automate payments.