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Steve
@stevebeachy
Learning Crypto with /sense What important role do stablecoins play in the crypto space ? Stablecoins are cryptocurrencies designed to maintain a stable value by being pegged to a reserve asset like a fiat currency. Crypto is a wild roller coaster. Stablecoins are the seatbelt, they protect your money’s value. Easy Global Payments You can send a stablecoin to someone in another country instantly, without banks, and they’ll know exactly what it’s worth. Used for Trading Traders often sell crypto for stablecoins (instead of cashing out to a bank) to lock in profits or avoid losses. No Bank Account Needed In some places, people don’t have access to banks but they can use stablecoins to store and spend money securely on their phone. Foundation for Crypto Apps Many apps in the crypto world (like DeFi, lending, borrowing) rely on stablecoins to work smoothly. Stablecoins = The "dollars" of crypto. They let people use crypto without worrying about wild price changes. New motto thanks to @girl-ua
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Q.Bree
@q-bree
stable coins are like a safety net to these volatile times
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Natalia🎩💜
@tashacrypt.eth
Dear Steve, I finished the lesson and went to work😁😂🥰👌
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Elrey
@elrey
I like the fact that we get our FC reward in stable coin
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