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# What is the utility of a stablecoin?

### What is the utility of a stablecoin?

1. **Store money without losing value**. It maintains a stable price, usually equal to the dollar.
2. **Send and receive payments quickly**. Transfers are almost instant, even between countries.
3. **Save without relying on banks**. You don’t need a bank account to hold or use stablecoins.
4. **Get paid for online work or services**. Freelancers and businesses use them to receive international payments.
5. **Pay for digital products and services**. More and more platforms accept stablecoins as a payment method.
6. **Protect against local inflation**. They help preserve the value of money in unstable economies.
7. **Move money at low cost**. Fees are usually lower than those charged by banks or remittance services.

A stablecoin allows you to use money in a digital, stable, and borderless way.