Post
Topic
Board Altcoin Discussion
Re: Why Stablecoin is so important in cryptocurrency?
by
2tang
on 19/06/2021, 13:50:06 UTC
Stable coin is like a safe storage of what you have in cryptocurrency to make and maintain the value that you have. That is why stablecoin plays a vital role in cryptocurrency to ensure that the fund that every crypto enthusiasts have will be safe once they convert all their hodlings into a stablecoins.
That's right, and now that there are three stablecoins that are very frequently used by asset holders in the crypto space, such as USDT, BUSD, and USDC, all three are good choices for holding assets during bear market conditions.