@niniiiiii
Day 4, Let’s talk stablecoins.
A lot of people hold USDT or USDC every day without really understanding what stablecoins are or why they even matter in the crypto ecosystem.
At the simplest level, a stablecoin is a cryptocurrency designed to maintain a stable value usually pegged 1:1 to the US dollar. But underneath that simplicity, stablecoins play several important roles like
• Protection from votality
• On-chain dollars
• Liquidity for trading:
• Airdrop farming + DeFi
For people like me who farm airdrops or participate in DeFi, stablecoins are the backbone.
You can stake, lend, borrow, earn yield, or use them to qualify for blockchain activity without exposing yourself to unnecessary volatility.
But even though they look “safe,” stablecoins aren’t all equal.
Some are fully backed by real USD reserves (like USDC), while others are more opaque (like USDT).
If you hold stablecoins, how do you use them the most trading, saving, airdrops, or DeFi?