19. Stablecoins and Their Use Cases
Understanding the Role of Stablecoins in the Crypto Ecosystem
Introduction:
As the cryptocurrency market continues to evolve, stablecoins have emerged as a vital component of the digital asset landscape.
These cryptocurrencies are designed to maintain a stable value, typically pegged to a fiat currency like the US dollar.
In this article, we’ll explore what stablecoins are, how they work, and the various ways they can be used to enhance your investment strategy and everyday transactions.
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