[[USD1 = stablecoin (intended to stay near $1).]]
Hasnt stablecoin wildly risen in price though? Or am i thinkin of something different? doesn’t seem like much of an investment if it stays near $1? What is the one everyone made a fortune with?
All stable coin kept at 1 USD. They are used for ease of international payments and any payments. And much quicker less expensive than bank wires.
The founders owners of Tether (USDT) are billionaires. Tether is number one stable coin and going gangbusters. Tether remains US Dollar stable while bitcoin is down 50%.
Bitcoin is primarily an investment. But is also used for payments.
since USD stablecoins are by definition supposed to always be worth exactly ONE USD, they’re useless for “investment” ... however, they’re useful for facilitating trade in other cryptos, which are used for criminal and terrorist transactions, which are the ONLY uses that have been found for cryptos EXCEPT rank speculation ...