Stablecoins: your crypto "stash" in a world of turmoil
Stablecoins are cryptocurrencies that are pegged to the value of a stable asset, for example, the US dollar (1 USDT ≈ $1).
They do not jump in price like Bitcoin or Ethereum, so they are suitable for preserving funds during unstable market moments.
Why are stablecoins needed?
—Profit fixation without converting to fiat
—Easy trading within the crypto ecosystem
—Lower volatility risk
Popular stablecoins: USDT, USDC, DAI.
A tip from me: even if you are a beginner trader, it's worth having a portion of your portfolio in stablecoins. Safety first!
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