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??
A stable cryptocurrency can be used much more widely than the cryptocurrency that exists at the moment.
Now the majority of altcoins remain in the hands of investors who want to earn billions on the growth of their exchange rate.
The emergence of a publicly available decentralized digital currency with a fixed exchange rate can become a welcome alternative to the dollar for residents of countries with unstable economic systems (Venezuela, for instance).