Stablecoins: Holding Capital and Earning Income
Main Use Cases for Stablecoins
This article offers a practical overview of stablecoins, focusing on the main principles and a few examples. It does not attempt to cover every token, protocol, or strategy.
We will look at three common uses: moving capital, maintaining a financial reserve, and earning income. These uses can overlap, but each calls for a different balance between liquidity, accessibility, and risk.
Mobility and Access
You want to be able to access your money wherever you are. For freelancers, people working with international clients, and those who travel or live in different countries, this is often an everyday need.
Stablecoins can make that easier. You can keep funds in your own wallet and exchange what you need for local currency through services available at your destination. This lets you cover everyday expenses while keeping the rest of your balance in the same wallet as you move between...
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