@Btccuba 4 February 2022

Stablecoins A stable coin is a cryptocurrency that is linked to the value of another asset, in many cases legal tender. Using blockchain and Bitcoin, private companies use similar technologies to create currencies, in this case digital tokens, whose value is linked to a national reference currency. For example, if you have 1000 USDC (one of the many stable currencies available) in your digital wallet, that means you have the digital equivalent of $1000. In this sense, having a stable currency is not very different from having a bank account. But, on the other hand, these currencies are not generated or issued by banks, but by private technology companies. Just as digital currencies are an improvement over physical currencies in terms of usability, storage and overall utility, stable currencies are a step forward not only in the above, but also in a form that is completely adapted to today's needs. The volume of trade in goods and services flooding the Internet. Most importantly, stable currencies are easy to exchange. Any number of stablecoins can be exchanged for any other cryptocurrency with just a few clicks, making it the most efficient way to exchange different digital currencies. It provides the versatility of a mobile balance wherever anyone wants it without asking anyone's permission. Now that we know all the benefits that stable currencies bring to the international payments ecosystem, it is easy to see why stable currencies are gaining popularity. It is also important to closely monitor how fiat currencies and cryptocurrencies work together to give us clear rules that provide users with a higher level of security, transparency and financial sovereignty.