Pls I'd like to be enlightened on the importance of stable coin in the crypto space... I hear Facebook coin will be a stable currency... what are the use of stable coins??
I just see stable coin as the name implies, coins that are stable at a particular price, apart from this I don't think there is any investment attachment to any stable coin in existence since the price is static and doesn't fluctuate like that of Bitcoin and other cryptocurrency, the only good thing about stable coins is that you can use them in place of fiat and not get monitored by any government body or individual making it easier to use in any part of the world, no kyc is required for any reason whatsoever.