Understanding The Concept Of Stablecoins And Why They Are Important?

[ShadowCrypto]

The FED used printed money to purchase ETFs
It's weird but the FED uses printed money to purchase corporate bonds. This puts new money into the hands of people who hold corporate bonds
and then that money moves its way into the stock market

Some stable coins are just money printed.

[Jaephoenix]

Stablecoins are important. Anybody that thinks otherwise is just plain crazy. Especially in these days of very volatile price, it is needed for holding on to a price

[hushpupppy]

Stables more stable than fiat x)
Good way to store coins instead of banks

This is not just it, stablecoins help investors and traders to save up funds in case of a drastic dump, and also help investors and traders to get ready to buy the bears. it all depends on your skillset and how you are determined to take advantage of the market, and stable coins

[Gurjasmeet Singh]

My opinion that lot of people cannot want to get risk of investment in the market.so who have sufficient earnings & cool minded, those people invest in stable coin.but stable coin cannot give the high price due to stability of coins.so l think it's important for this type of people.

[tervel]

There are great benefits for people.Stablecoins leverage the benefits of cryptocurrencies, such as transparency, security, fast transactions, low fees, and privacy, without losing the guarantees of trust and stability that come with using fiat currencies.

[@chison]

Stable coins have really made trading cryptocurrency interesting. I remembered a time the volatility in cryptocurrency is crazy that one can lose a lot of money in few hours. Since using stable coin one can hedge to stable coins easily.

[Jaephoenix]

Stablecoins are quite a life saver in these days of high volatility. For example, Ethereum has a price difference of about 70 USD in just 12 hours. A little tethering would help a trader cut his loss real quick