Advantages of Stablecoin

  • -Borderless payments: Stablecoins can be sent through the internet without the need for a country, bank or any third party intermediary. Stable cryptocurrencies nor their transactions cannot be intercepted or censored because they operate on the blockchain.
    - Low fees: Not relying on an intermediary and the peer-to-peer nature of stablecoins also makes transactions much cheaper than traditional ones.
    - Faster transaction speed: Transactions on Blockchain are much faster than traditional transactions because there are no intermediaries and eliminates waiting times. As soon as the transaction is initiated, it usually only takes a few minutes for the funds to be sent to the recipient’s account.
    - Transparency: Stablecoin transactions are done on public blockchains. User can track any transaction that takes place without being the one doing that transaction. This is not possible with the bar

#EF1 #EF1Finance #coin #crosschain #pos #defi #staking #swap #yeildfarming #dapp
Face book
Instagram
Twitter
Youtube
Telegram
Naver Blog
Naver Band

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
EF1Finance

EF1 is a Defi Platform that allows users to save, loan, borrow and pay Crypto Assets in a global network.