Stablecoins are crucial for maintaining stability in the volatile DeFi market. By providing a stable value pegged to fiat currencies or commodities, they facilitate seamless lending, borrowing, and trading activities. Their use as collateral, loan currency, and trading pairs enhances liquidity, mitigates risk, and encourages participation in DeFi protocols. As a cornerstone of the decentralized finance ecosystem, stablecoins ensure predictable transactions and foster market stability.
The Role of Stablecoins in DeFi: Stability in a Volatile Market
Stable Coins