Using stablecoins in daily life: Real usage scenarios

Using stablecoins in daily life: Real usage scenarios

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Stablecoins are a type of cryptocurrency that was created to eliminate the volatility that is typical for the majority of cryptocurrencies. They can offer stability because their value is bound to the reserve of stable assets, such as gold or traditional fiat currencies. In our today's article, we will take a look at how stablecoins are used in everyday life and what real scenarios of their use exist.

Definition of a stablecoin

Stablecoins are cryptocurrencies that strive to keep their value, stable relative, to a certain asset or pool of assets. They are designed in a way that allows minimizing price volatility, which is often associated with other cryptocurrencies such as Bitcoin or Ethereum.

Using stablecoins in daily life

Purchases and transactions

One of the most obvious uses of stablecoins is as a medium of exchange. Unlike traditional cryptocurrencies, stablecoins can be used to perform everyday transactions without fear of sudden price fluctuations. This makes them an ideal choice for purchases and other transactions where price stability is important.


Stablecoins can also be used for fast and inexpensive money transfers. Unlike traditional bank transfers, which can take several days and involve high fees, stablecoin transfers can be made almost instantly and for a small fee. This makes them an ideal choice for international money transfers.

Store of value

Stablecoins can also be used as a means of preserving value. Unlike traditional cryptocurrencies, stablecoins are not subject to price volatility, which makes them a safe choice for investors who want to keep their funds in cryptocurrency without the risk of significant losses.

Decentralized Financing (DeFi)

Stablecoins play a key role in the field of decentralized finance (DeFi). They are used as collateral for loans, as a medium of exchange in decentralized exchanges, and as a means to earn interest in decentralized finance protocols.

Real use-cases

Purchase of goods and services

In a wide range of online stores and retail stores, stablecoins can be used to purchase goods and services. This gives buyers the opportunity to use cryptocurrency without fear of price volatility.

Payment of salaries

Some companies are starting to use stablecoins to pay salaries to their employees. This is especially useful for companies that have employees in different countries, as it allows them to pay salaries quickly and inexpensively.

Money transfers

Stablecoins can be used to transfer money anywhere in the world. This is especially useful for migrants who want to send money home to their families, as it allows them to avoid the high fees that are usually charged for international transfers.

Investments and speculation

Some investors use stablecoins as a safe haven during periods of high volatility in the cryptocurrency market. When prices for other cryptocurrencies fall, investors can transfer their funds to stablecoins to preserve value.


Stablecoins offer many advantages that make them useful in everyday life. From purchases and transactions to money transfers and investments, stablecoins offer stability and convenience that make them a perfect choice for many cryptocurrency users.

Test Your Knowledge

  1. What is a stablecoin?
    a. This is a type of cryptocurrency, the price of which is bound to a stable asset.
    b. This is a cryptocurrency that is used only for staking.
    c. This is a cryptocurrency that is used only for mining.
  2. In which scenarios can stablecoins be especially useful?
    a. When buying goods and services, and transferring money.
    b. When buying real estate.
    c. When buying shares on the stock exchange.
  3. What advantages do stablecoins offer compared to traditional cryptocurrencies?
    a. They offer price stability, which makes them a perfect choice for preserving value.
    b. They offer higher transaction speeds.
    c. They offer higher mining profits.

Correct answers: 1 a, 2 a, 3 a.