Why is stablecoin outstanding?

1. Price Stability: Stablecoins offer price stability, as they are designed to maintain a constant value, often pegged to a fiat currency or a basket of assets.

2. Reduced Volatility: Stablecoins mitigate the price volatility commonly associated with cryptocurrencies, making them more suitable for everyday transactions and as a store of value.

3. Fast Transactions: Stablecoins facilitate near-instantaneous transactions, allowing for quick and efficient transfers of value.

4. Lower Transaction Costs: Stablecoins generally incur lower transaction fees compared to traditional banking and remittance services.

5. Accessibility: Stablecoins are accessible to anyone with an internet connection, allowing for global participation without bearing transactional barriers or relying on financial intermediaries.