🧵 Why are stablecoins becoming more important in crypto? 1/ Most people discover stablecoins when the market gets volatile. But they're useful for much more than that. Let's break it down. 👇

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GateUser-1859b7cd
· 7h ago
On-chain payments and payroll, stablecoins are replacing traditional finance.
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LightsInTheMistyValley
· 16h ago
Do you remember the crash of algorithmic stablecoins? Mechanism design is crucial.
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QueuePosition
· 17h ago
Before the regulatory framework comes out, institutional large funds dare not take heavy positions.
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SoftRugDetective
· 19h ago
Developing countries use stablecoins to hedge against inflation, which is more practical than trading cryptocurrencies.
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StainedGlassSolarArray
· 19h ago
Tether's reserve transparency has always been a question mark.
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PerpPaperTiger
· 19h ago
Not just a safe-haven tool, it saves a lot on cross-border transfer fees.
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WhaleTailWitness
· 19h ago
Stablecoins are indeed the first step into the rabbit hole; only when volatility hits do you realize how good they are.
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FrontrunFail
· 19h ago
Fiat currency transfers are slow; USDT/USDC arrive instantly—this is real demand.
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On-ChainSoilAfterTheRain
· 19h ago
DeFi Lego underlying assets, without it the entire ecosystem cannot function.
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BluePeonyInTheDark
· 19h ago
Actually, the biggest fear is a centralized issuer collapsing, and few people discuss this risk.
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