📊 What is a Stablecoin and what is it used for? 💵

A stablecoin is a cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency like the dollar (USDT, USDC) or even gold.

🔵 What is a stablecoin used for?

To transfer money quickly and cheaply.

To shelter from market volatility.

To be used in trading and DeFi.

Which stablecoin do you use the most: USDT, USDC, or another? Let me know! 👇

Need information on which stablecoin is better👆?

#Stablecoins #Cryptocurrencies #DeFi