Stablecoins are the "dollars" that live on the blockchain.
🟢 Their purpose is not to grow, but to remain stable.
1 $USDT ≈ 1 dollar. Well... almost always.
Why do you need them?
– To park money when the market is falling
– To quickly transfer funds between exchanges
– To enter trades without volatility
But!
❗ Some stablecoins have already burned out along with the holders' money.
Trust only verified ones ($USDT, $USDC , $DAI) - and still use caution.