1. Holding their Value

Stablecoins are useful in how they keep their value during uncertain times, even when the price other cryptocurrencies like BTC or ETH begin to fall. Holders of BTC and volatile currencies, find Stablecoins such as USDT, DAI, and others useful. When in need of keeping the value of their holding stable until the fall period has passed.

2. Entry to New Markets

For those thinking about investing in a new token or coin? Stablecoins give you the confidence to minimize the risk of fluctuation during the purchase period of buying into a new volatile currency. Using Stablecoins to purchase cryptocurrencies as opposed to using fiat, is a faster means that allows you to avoid hidden extra costs and bank fees.

3. Being Widely Accepted

Stablecoins have become the norm and now widely accepted. It is now easy for holders of these stablecoins to make purchases due to these coins holding their values for long durations of time. Receivers are confident to accept them as forms of payment, without the rush of trading them for fiat. Because of the fear, they could fall in value before being sold for desired other forms of currency.

4. The Liquidity Factor

Most merchants who accept cryptocurrency are happy to receive Stablecoins as a form of payment. This can be due to their ability to hold value, but liquidity is as vital as holding value. While most cryptocurrencies may have value, it is still challenging to release equity when the demand for the token or coin is low.

5. Foreign Exchange

One of our favorite benefits of a Stablecoin is that they reduce the cost of international money transfers. We will soon see a time shortly when Stablecoins are widely used for these types of payments globally.

Zloadr offers one of the easiest and safest ways to get hold of Stablecoins. Download Zloadr’s app to buy, sell, or trade Stablecoins.