WHY DO WE NEED STABLECOIN?

Stablecoin appears to solve the biggest problem in the current cryptocurrency market. That is volatility.

For traders or investors, they can convert assets to stablecoin to avoid the volatility of cryptocurrencies without necessarily converting to fiat.

For stores, it is difficult for a company to accept payment with a cryptocurrency recording a fluctuation of 20–30% in value in a short time. Therefore, it has made the broad adoption of cryptocurrencies much more difficult.

As a result, Stablecoin is important as a bridge between the electronic market and the traditional financial market.

The transition from Fiat to cryptocurrency was a lot easier with the advent of stablecoin.

#EF1 #EF1Finance #coin #crosschain #pos #defi #staking #swap #yeildfarming #dapp
#ef1.io

facebook

Instagram

Twitter

Youtube

Telegram

Naver Blog

Naver Band

--

--

--

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

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

2 months in how’s my Drip investment playing out…..

Create strategies in Cryptohopper using the new Strategy builder

LIQUIDITY AND VOLUME

Paper Money And Banking Origins

Cryptohopper & Binance tricks

Card north way you later trade.

CB Capital announces its new website!

Rooster Heroes NFT — what, when?

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

EF1Finance

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

More from Medium

The Sandbox Releases 2022 LAND Holder Route Map, Will Airdrop 5 Million SAND to All LAND Holders in…

Get first access to ChainAPI and help us make it even better!

The Designer’s Manifesto

Leonie’s Marrakech