What is stablecoin used for?

Hashrate is a measure of the computational power per second used when mining . More simply, it is the speed of mining. It is measured in units of hash/second, meaning how many calculations per second can be performed. Machines with a high hash power are highly efficient and can process a lot of data in a single second.

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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.

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