#AirdropSafetyGuide
First: What are stablecoins?
Stablecoins, the most famous of which are: USDT (Tether), USDC, and DAI
Their uses:
1. Shops and restaurants:
Some shops in developed and some developing countries (such as the UAE and Singapore) have started accepting stablecoins as a direct payment method.
These shops rely on digital wallets or POS devices.
The advantage: instant transfer, low fees, and no need for intermediaries.
2. Websites and digital stores:
E-commerce companies Shopify and WooCommerce have started to provide payment gateways that accept stablecoins.
They are used to purchase products, subscriptions, and donations.
And to reach customers in countries suffering from inflation and banking instability.
3. Companies and institutions:
Companies use stablecoins for settling international payments. Meta and Visa have begun trials to integrate USDC into their operations.
4. Banks and financial institutions:
Some banks have started collaborating with blockchain companies to develop stablecoin-based solutions.