Quote from: Lund94 on March 15, 2019, 09:51:25 AM

This might seem like a stupid question But.

I've been wondering whats the benefits of a Stable-coin?

I haven't seen any places where you can pay with lets say Tether - so what makes people "invest" in this coin?

From my point of view the only rational reason to invest in Tether - is to trade for other Cryptocurencies. But then again i might've missed something Grin

Enlighten me

Stablecoins can be useful when it comes to huge cross-border transactions. Most financial transactions are small and therefore cost nothing but large movements in money are inefficient and cost alot. This is one potential usage of stablecoins.

But in the world of crypto generally, they are useful for limiting your exposure to volatility at points and to maintain a level of value based on a chosen fiat currency.

Hope this helps