Crypto Education: Stablecoins Explained | Animation | Cryptomatics

Today, we will explain what stablecoins are, their types, and how they can be used.

Stablecoins are cryptocurrencies whose value is directly linked to another asset. They are designed in such a way as to maintain a fixed price. The most common example would be Tether or USDT. Its price is pegged to the US dollar, so it can be traded at a 1:1 ratio.

The major advantage of stablecoins is that they are not susceptible to crypto-specific volatility, so you can trust that 1 USDT will still be worth $1 in 5 years. The other advantage would be that, due to the fixed price, stablecoins can be introduced into trading pairs, such as Bitcoin/USDT, which makes it possible to relate the BTC value to that of the US dollar.

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- CHAPTERS –

0:00 Intro
0:18 What Are Stablecoins? Why Are We Using Them?
1:19 Types of Stablecoins
2:26 How to Use Stablecoins
3:10 How to Make Profits Using Stablecoins
3:42 Conclusions
4:10 Outro

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