Stable Coins And The Uses Of Stable Coins In Crypto Currency

Stable coins are the type of crypto currency whoese value is spec to to a real world or a stable assets like gold of other fiat currencies.The main function of stable coin is combat the volidility of other crypto currencies.These coins are almost stable and they comabt the value of other crypto currencies as we see many stable coins in the market and they have uses for different purposes.These coins has stable price and avail so many in the market like USDT and USD etc.For example we have TRX coins and we want to exchange them with steem and want steem coins then in the exchange we see paris firstly we find the pair of USDT/TRX and USDT is a stable coin and we exchange our TRX in to USDT stable coin and then we find the pair of usdt/steem and exchange our usdt to steem coins and this work done through by stable coins and we don't give highly fee and don't waste our time and these are the stable coins.Stable coins has soo much available in the market and they are easy to trade or exchange in every exchange we see soo many stable coins and these are very useful.

Uses Of Stable Coins

The first use of stable coin is media of exchange and thier are thousands of crypto currencies in market and it's very difficult to find the pair of these currencies and if we have polygon matic coin and polkadot and we can unable to find their pairs so stable coin use in this caes for pair and for exchange.

For international market stable coins are faster and cheaper than transaction done through banks and organization and they charged heavy fee for transaction but stable coin don't charge any fee for transaction.

These coins price are stable and we can see different pairs of stable coins in market and cam exchange our one currency to another currency and they can transfer quickly within few minutes as compare than other originations who take much time for transaction.

Achievemen 1 Link

Thanks For Visiting My Post

Special Thanks

@hungry-griffin
@rme

Regards By

@chhabib