πππStablecoins & Crypto Exchanges are the foundation stones of the entire crypto ecosystem. Without them, the market will be a chaotic maze of volatility and friction.
Stablecoins such as USDT & USDC are designed to maintain a steady value, typically pegged to fiat currencies like the US Dollar.
Stablecoins enable fast, borderless payments without the wild swings of Bitcoin and Ethereum.
In 2024, stablecoins processed USD 27.6 trillion in transactions, more than Visa & Mastercard combined.
Crypto Exchanges like Coinbase, Binance are the gateways to Cryptocurrencies.
Coinbase is the largest US crypto exchange. It facilitates price discovery and market access. Coinbase also provides custody & security for assets and act as liquidity hubs too.
Without exchanges, Crypto would be a fragmented jungle. With them it becomes a navigable landscape.
If Bitcoin is gold, Stablecoins & Exchanges are the vault and the bank of Cryptocurrencies.
@Tiger_comments @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments