Post
Topic
Board Altcoin Discussion
Re: Stablecoin
by
Mosharafhh
on 28/04/2022, 11:55:02 UTC
Does anyone know how to invest/buy/trade Stablecoin? Can I trade it with bitcoins?

Invest? doesn't sound right, I mean it's "stable" coin for crying out loud, it's means the price is peg 1:1 to USD.

One purpose of stablecoin is to preserved the value of your crypto in terms of fiat, specially when the market is volatile or it is suffering from a massive downturn. So you convert your crypto to stable coin to stop the bleeding.

Actually he means stablecoin when there was some investors in the bitcoin sector but i think now he know the real use of stablecoin and he is also pro in this sector and know everything as he wanted to know because this post is too old to say!!