Sujet :

What are stablecoins and why are they important?

asasaa
   Posté le 20-02-2025 ŕ 20:32:18   
What are stablecoins and why are they important?
asasaa
   Posté le 20-02-2025 ŕ 20:32:39   
Stablecoins like USDC and USDT are crucial in the crypto market for mitigating the impact of price volatility. Traders convert their tokens to stablecoins during bear markets, helping to protect their portfolios. The demand for stablecoins has significantly increased, with transfer volumes rising from $100 billion to over $1.6 trillion between October 2020 and April 2024 https://paybis.com/blog/usdc-vs-usdt/. By June 2024, USDC and USDT together made up nearly 90% of the stablecoin market, valued at approximately $162 billion. For more information, check out the detailed overview on stablecoins.