Stablecoins Are Key For The Crypto Economy

in LeoFinance3 years ago

I've been finding more and more that stability is very important when building a successful portfolio. Having the ability to earn stable income from a stable asset, can provide opportunities to take on riskier investments with money that has been earned. Not only will this strategy help build a portfolio, it is a good defense against opportunity cost.

Naturally I did some research on what exactly stablecoins are and what they do. I found that USD stablecoins have a big role in bitcoin futures and are often collateralized for loans, investments, etc. Also, the stability of these assets is a very attractive quality for large corporations looking for a way utilize cryptocurrencies.

All in all, I am looking to incorporate stablecoins into my portfolio and with a rising crypto market, will build a stable source of income.

Posted Using LeoFinance Beta