$ETH Are you confused about fiat currency, stablecoins, and cryptocurrencies? Look here! ❗

In the Web3 world, fiat currency, stablecoins, and cryptocurrencies are three concepts that are often mentioned. 🔥

Firstly, fiat currency is the money issued by national governments, which is stable in value and widely used, making it the most common payment tool in our daily lives.

Stablecoins (like USDT, USDC) are digital currencies pegged to fiat currency, designed to maintain price stability, addressing the issues of high volatility and unstable transactions in cryptocurrencies, allowing us to trade in the crypto market as easily as we do with fiat currency.

Lastly, cryptocurrencies (like Bitcoin, Ethereum) are decentralized digital assets with significant price volatility, but they represent the direction of future financial systems and are increasingly being noticed and accepted by more merchants and investors.

Each has its own advantages and disadvantages: fiat currency is stable, stablecoins are convenient, and cryptocurrencies have great potential. After reading this, you'll have a clear understanding of the differences between these types of currencies! $ETH