What Is a Stablecoin? Here's Why It Matters in Crypto
In a volatile crypto world, stablecoins offer a safe harbor. They are digital currencies pegged to real world assets like the US Dollar, Euro, or even Gold, aiming to keep their price stable usually around $1.
Why Use Stablecoins?
Easy crypto trading without going back to fiat
Fast, low cost cross border payments
Hedge against market volatility
Powering DeFi: lending, staking & more
Popular Stablecoins to Know
USDT :Tether
USDC :USD Coin
DAI :Decentralized & backed by crypto
TUSD :Transparent USD
FRAX :Hybrid algorithmic model
Heads Up:
Not all stablecoins are created equal. Always check:
Reserve backing
Transparency
Smart contract risks
Stablecoins are the bridge between crypto and traditional finance. Know them. Use them wisely.
