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Read moreWhat is stablecoin used for?
The primary use for a stablecoin is facilitating trades on crypto exchanges . Instead of buying bitcoin directly with fiat currency, like the US dollar, traders often exchange fiat for a stablecoin — and then execute a trade with the stablecoin for another cryptocurrency like bitcoin or ether.
Read moreIs Cointelegraph reputable?
Cointelegraph has an overall rating of 3.4 out of 5 , based on over 31 reviews left anonymously by employees. 52% of employees would recommend working at Cointelegraph to a friend and 55% have a positive outlook for the business. This rating has decreased by -5% over the last 12 months.
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