đ§ Crypto Glossary â Day 46
đ” Stablecoin
It is a cryptocurrency whose value is tied to a stable asset, such as the dollar. It serves to protect against market volatility.
đĄ Ideal for fast transfers, avoiding sudden ups and downs, or simply to store value without going into fiat.
đ Practical example:
"I transferred my earnings to $USDC to avoid exposure to the market drop."
đ Did you know? Now you do.
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One concept per day and getting less noob each time! đđ