Why use stablecoins?

Within the current crypto market, stablecoins offer a fast, secure, global & reliable solution, as they guarantee:

1. Heightened Security: Extensive use of cryptography, hashing and encryption provide powerful tools to defend users from fraud, hacks, and other malicious attacks.
2. Peer-to-Peer Transactions: Decentralized nature of the blockchain allows transactions to take place directly between users, all over the world, in real-time. Cutting out intermediaries also translates to cheaper transactions for the user.
3. Unique Features: Pegged to real-life assets stablecoins provide a stable backing and reduce price volatility. This feature makes stablecoins more trustworthy than other tokens. Therefore, stablecoins gain in confidence of investors.

Updated on: 20/02/2023