WHY DO WE NEED STABLECOIN?
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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.
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