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
Enlighten me
If you look at the daily volume, you can see that the volume is many times higher than the market cap. It is not used as investment and is only used for short time for people who need stable coin. 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
Enlighten me