4. The Role of Stablecoins:
a. On-chain fair pricing tool;
Can be used as entry chips for cryptocurrency market trading;
b. Different blockchains originally could not trade, but through stablecoins, different blockchains can have a bridge for value linkage;
c. Driving the crypto industry from niche to mainstream applications:
Such as improving cross-border settlement efficiency and promoting real-life application scenarios.
d. Meeting the demand for USD assets in developing countries:
Inflationary countries like Argentina and Turkey, due to currency depreciation, hold USD assets to preserve personal wealth.
$Circle(CRCL.US) $Coinbase(COIN.US) $Digital currency concept(CP00079.US) $Robinhood(HOOD.US)
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