A lot has happened in the crypto community in the last few days. The community has seen everything from major price corrections to some of the biggest surges. However, the market is still optimistic about some positive price movements. One industry niche that might prove helpful is the stablecoin niche.
Stablecoins derive their value from actual fiat currencies. As a result, they tend to stay stable even when things are cascading. Take USDC, for example, and its historical charts. You will notice that the token’s value oscillates between the $1 mark.
Is Stablecoin The Better Alternative?
Moreover, if you take note of the market, you will notice that the stablecoin market has been on a gradual rise for the last 12 months. This is why stablecoins are often called the powerhouse of tokens. With the release of Trump’s stablecoin, the landscape could become even more interesting.
However, many people claim that Stablecoins are boring. This is primarily due to their stable nature. Then again, given the overall volatility of the market, it is best to bank on stable cryptos that do not experience major upheavals. As a result, stablecoins are a better alternative for people who want consistent returns.
Then again, stablecoins can also experience volatility. Therefore, it is safe to assess the landscape before jumping in.
