Quote from: Bitstar_coin on Today at 12:17:05 PM

Am curious as to what that means because as far as I know stablecoins don't get to increase value like none stable coins do, so how they reach ath being a stable coin, probably new usdc is minted into circulation! Am a bit lost,
And as for shiba inu being available to NY residents, yeah perhaps it can trigger another price movement, since the news has opened more opportunity for new buyers.

With stable coins, it is possible to buy coins directly on almost any exchange. For example, let's say I have ETH. I will sell 20% of it to realize the profit from this investment. I would like to make a direct purchase without being affected by price movements while selling and without converting to another coin when needed.

In this case, the most logical way is to switch to stable coins such as USDT or USDC.

I can use it instantly when I make a new investment.

To look at it from a different angle: the user who deposits fiat money on the exchange can choose to buy stablecoins such as USDC or USDT. So you don't have to decide instantly what to buy. When he catches the appropriate price movement, he can buy the coin he wants directly.