💸 Stablecoins — why are they essential?
Stablecoins are the crypto equivalent of regular money, pegged to the dollar or euro. The most well-known are USDT and USDC.
$XRP What are they needed for?
• Protect against market swings — stability!
• Fast transfers without banks and fees.
• The foundation of trading and storage in crypto.
But there's a catch — regulators are increasingly keeping an eye out to avoid issues with control and fraud.
In short, stablecoins are your crypto anchor in the turbulent sea of the market. Don't let go! ⚓