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Stablecoins are not only used as trading pairs by traders, but crypto investors also use them as a hedge in their crypto investment portfolios. Investors also leverage stablecoin holdings to generate passive income.
Here are some stablecoins that we can use as investment instruments and to mitigate the risk of Bitcoin and Altcoin volatility:
Tether (USDT) is pegged to USD
USD Coin (USDC) is pegged to USD
Binance USD (BUSD) is pegged to USD
PayPal USD (PYUSD) is backed by USD deposits, US Treasuries, and cash equivalents.
Dai (DAI) didukung oleh a smart contract on the Ethereum blockchain.
Pax Gold (PAXG) is pegged to gold bullion
Here are some stablecoins that we can use as investment instruments and to mitigate the risk of Bitcoin and Altcoin volatility:
Tether (USDT) is pegged to USD
USD Coin (USDC) is pegged to USD
Binance USD (BUSD) is pegged to USD
PayPal USD (PYUSD) is backed by USD deposits, US Treasuries, and cash equivalents.
Dai (DAI) didukung oleh a smart contract on the Ethereum blockchain.
Pax Gold (PAXG) is pegged to gold bullion