What are Stablecoins?
Do you fear that the price of crypto will rise and fall like a roller coaster? That's what stablecoins are for.
In simple terms: they are cryptocurrencies designed to be worth the same as a traditional currency, generally the US dollar.
The 3 most used are:
• $USDT (Tether)
• $USDC (USD Coin)
• $FDUSD (First Digital USD)
What are they for?
1️⃣ Safe haven: To protect your gains when the market is falling, without needing to withdraw the money to the bank.
2️⃣ Digitalize your savings: To save in digital dollars securely and quickly from your phone.
💬 Do you already save in stable cryptocurrencies, or do you prefer volatile coins? I’d love to hear your thoughts below! 👇
#Stablecoins #Principiantes #EducacionCripto
Do you fear that the price of crypto will rise and fall like a roller coaster? That's what stablecoins are for.
In simple terms: they are cryptocurrencies designed to be worth the same as a traditional currency, generally the US dollar.
The 3 most used are:
• $USDT (Tether)
• $USDC (USD Coin)
• $FDUSD (First Digital USD)
What are they for?
1️⃣ Safe haven: To protect your gains when the market is falling, without needing to withdraw the money to the bank.
2️⃣ Digitalize your savings: To save in digital dollars securely and quickly from your phone.
💬 Do you already save in stable cryptocurrencies, or do you prefer volatile coins? I’d love to hear your thoughts below! 👇
#Stablecoins #Principiantes #EducacionCripto