Asslamo-alikum to all of my friends of Steem Alliance Community.Is everything is ok? my friends.I am fine mine friends, and I'm hoping all friends are fine and good.I'm here with the new topic for posting about cryptocurrency.Today i will explain the stable coins in cryptocurrency.They have some major types and also have some advantages, which i will try to discuss.

Definition:- Stable coins, describe their self in their name.Stable coins are those coin in crypto, Whose value in the cryptocurrency's market are stable and can't change.Their value bounded with the different fiat currency, and their value can't change or fluctuate like other crypto assets.They are stable in the value and mostly bound with different fiat currency.Their value are specific value of different fiat currency.

As we see there is gold and in addition there is the US dollar their value is fixed or not they don't change so quickly they have their own market status then, That's why they change, like the US dollar, it's value doesn't change as quickly as it is a stable coin, like the USDT table coin in crypto if we buy it from the crypto market.So it has a specific value.They are like gold or Dollar in the cryptocurrency's market.

Explanation:- Whenever we have to do trading in crypto currency, for that we need the assets of the currency we have to trade and their peers with the different currencies with the help of which we can trade them,So in order to trade all of these assets that we have to trade, the first thing we need to do when we want those assets is look at their pad, who they are paired with, then their pair with a stablecoin. What happens is that we first purchase a stablecoin in the market and then we convert it to sable coin, whichever coin we want to trade.

If we want to trade bitcoin in the crypto market, i.e. buy or sell bitcoin, then the first thing we need to do is if we want to buy bitcoin, then the first thing we should do is any crypto exchange. Mostly we buy USDT which is a stablecoin and we buy it against whatever our favorite currency is because it is peered with bitcoin and also with ethereum. If it is Monday, then we buy Bitcoin through Monday and then do the trading of Bitcoin, all this process is only because of stable coin.

Any fiat currency is any state currency and it is a paper currency and also when we talk about crypto all the currencies are digital currencies but the fiat currency is It is a government currency issue, it is the value of the government, but the stablecoin is a public token that can be bought by anyone, but to buy it, we need fiat currency, which is fiat currency. From we buy movable coin and then we buy any digital currency i.e. cryptocurrency.Without stable coins, we can't trade because they are the pair with the different crypto assets.

Drawbacks:- Their draw backs in cryptocurrencies, are that whenever we buy in the stablecoin market we buy them with any fiat currency like fiat currency any third party like any govt. It has a value, it will be the government and the citizens of Aram who belong to this government and whatever currency will be in it will be his or a third party.So if we buy any stablecoin with fiat currency but fiat currency if there is any third party then its issue will be because the third party can fluctuate any price at any time and A stablecoin in exchange for fluctuating is also not stable, so it has a drawback.

Advantages:- The advantages of stable coins in crypto currency are that for example we have to do any trading, not start in crypto currency then to buy them it is obvious that we need acid then we will buy the stable coin first. Then we will change the stablecoin to the sets that we want to trade, in addition to this, they are easy to use. If we sell his stable to him then we will trade, this is all his advantages.We can purchase is from any crypto exchange with the help of own fiat currency.

Conclusion:- So friends, that's all about stable coins in cryptocurrency.They are the digital coins in cryptocurrency but pegged with the fiat currency, and their market value is almost stable and can't easily fluctuate.Their are different stable coins in cryptocurrency and they have some advantages and i have explained them.I hope mine all friends will understand about stable coins in cryptocurrency after reading this post.God Bye!