Post
Topic
Board Economics
Re: what are the best ways to save cost?
by
TypoTonic
on 07/09/2025, 04:14:38 UTC
There's a stable coin pegged with USD or EURO, if you convert that once you received your salary, you can hedge against inflation. This the only way to answer your question.
If you earn local currency and immediately convert it to whichever stablecoin you choose, you only gain protection from your local currency devaluing against USD, and not from USD inflation itself. Same goes for coins pegged to euro. This could be beneficial if you live in a high inflation country where USD is losing value slower than your local currency, but this won't help if your salary is already in USD or EURO. It's better to invest your extra money into assets that could potentially grow faster than inflation like stocks.