What Are Stablecoins Actually Useful For?

[QubitZero]

Stablecoins are often described as crypto dollars, but their use depends on context. They can help people move value quickly between exchanges, hold a dollar-like balance without leaving the crypto world, send payments across borders, or use decentralised finance without constantly touching volatile coins. The interesting discussion is whether stablecoins become a bridge between traditional finance and crypto, or whether they mostly remain plumbing for traders.

[Rogue Sam]

For traders, stablecoins are basically the cash layer of crypto. They make moving in and out of positions much easier.

[Mike80]

Cross-border payments are the more interesting use case to me, especially where banking is slow or expensive.

[MiniElliot]

I think stablecoins will become normal payment plumbing before most people realise they are using them.

[RomanReigns02]

The bridge idea is right. Stablecoins are less exciting than Bitcoin, but they may be more practical day to day.