Stablecoins are considered one of the most important tools in the world of
crypto because they provide a balance between the world of volatile
digital currencies and the traditional financial system ⚖️💰. These currencies
like $USDT or $USDC maintain a fixed value often
equal to 1 dollar 💵, making them a safe haven during market
fluctuations ⛅📉. Many traders convert
their profits into a stablecoin when the market rises to protect them
from sudden crashes 🔐. They can also be used for
daily trading or transferring to other people quickly without
relying on banks 🌐🚀. Personally, I see that the existence
of stablecoins is what allowed crypto to be viewed as more
professional and stable in the eyes of major institutions 🏦📊.
Without them, it would be very difficult to store profits or move
between trading and investing in a safe manner.
