Cryptocurrency was invented and designed to provide numerous benefits for people, everywhere, to free them from the burden of centralised banking systems and to create a new financial ecosystem.
While we’ve come a long way, what’s still a certainty in the world of cryptocurrencies is the price volatility.
Stablecoins (like USDC) offers an alternative to Bitcoin and other altcoins, in that it aims to provide you, the investor, with a coin that offers the best of both worlds - the instant processing and security of cryptocurrencies, as well as, from a price perspective, the volatility-free comfort of fiat currencies.
The benefits in a nutshell
They’re backed by real-world assets, like the US dollar, or commodities such as gold
They offer protection for traders and investors during market volatility
They can help unbanked businesses send and receive money
They’re easy to understand, are non-speculative and are reliable assets