❌MYTH #5: Stablecoins are just a passing crypto trend.

✅REALITY: Stablecoins have proven they have real utility and applicability, and aren't just a fad.

There has been consistent increase in user adoption, Web2 & TradFi companies entering the stablecoin space, and increased regulatory focus.

The signs are clear: stablecoins are here to stay. @tusdio, for one, is in this for the long run.

There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting

❌MYTH #4: Using stablecoins is complicated.

✅REALITY: The technology behind stablecoins can be complex, but using them can be straightforward. Many platforms/wallets make it easy to buy, sell, and use stablecoins.

Stablecoins can often be a gateway to digital finance for people new to it. In fact, @tusdio's mission is to make finance open and accessible to all.

There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting

❌MYTH #3: Stablecoins = safe.

✅REALITY: All assets carry risk. Even within stablecoins, security levels vary.

Look at the stablecoin's collateralization mechanism, the transparency of its reserves, the frequency of audits (if any!), the credibility of its issuer...These can vary greatly.

Among all stablecoins, fiat-backed ones like @tusdio are generally considered to have less volatility and a more stable value.

Remember, #DYOR & #NFA.

There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting

❌MYTH: Stablecoins are just for holding.

✅REALITY: Being a stable store of value is only one of stablecoins' many use cases.

Stablecoins can also be used for daily transactions, remittances, DeFi lending and trading protocols, etc. More real-world applications are emerging as well!

There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting #TUSD

❌MYTH: Stablecoins are the same as fiat money.

✅REALITY: First, not all stablecoins are backed by fiat.

Even fiat-backed stablecoins like @tusdio have crucial differences from fiat money: lower fees, faster transfers, accessibility to people who can't open a bank account in that currency, eg USD.

There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting

Africa's #crypto scene is exploding. 3 headlines today:

🇿🇦South Africa launches Rand-backed #stablecoin
🇳🇬Nigeria will train 1000 residents annually in #AI and #blockchain
🇬🇭Ghana completes #CBDC proof of concept

The question is: Did you see this coming?👀 Let me know below.

First, spot #BTC ETFs. Now, #ETH too. Crypto ETFs are here, and their impact is bigger than you think:

👉Lower barriers to entry into crypto for traditional investors
👉Attracting institutional investors, increasing market stability
👉Legitimising crypto as a part of mainstream portfolios, suitable even for retirement savings

The very nature of #crypto is changing. It is maturing, becoming mainstream🌎

Notice the other signs: Web3 games gaining Web2 users, the growing global adoption of #stablecoins... Change is here. Do you see?👀

Note: ETFs still carry investment risk. As usual, #NFA & always #DYOR.

I'm sick

💭5 Questions to Ask Yourself When Choosing Stablecoins

You've heard that #stablecoins are the future, so you've decided to increase your stablecoin holdings, or maybe get your first stablecoin!

Whether you are a seasoned pro or new to stablecoins, these 5 questions are essential for your due diligence. Take your time, and make an informed choice. #DYOR #NFA

🤔1. What's the purpose of your stablecoin?
Is it for transactions, investment, or a stable asset? Different stablecoins are suited to different use cases. Clarifying your purpose will help you decide which #stablecoin to hold.

⏳2. Short-term or long-term?
Are you planning to sell the stablecoin quickly, or hold it long-term? If you have long-term plans, look beyond the initial hype that #crypto projects often create. Find a stablecoin with a clear long-term vision and commitment to growth and stability.

💰3. Sitting or using?
Will the stablecoin just sit in your wallet, or are you planning to use it for payments and transactions? If you intend to use it actively, seek out stablecoins with strong payment integrations to make sure you can use it conveniently.

💸4. What are the transaction costs?
What costs are you willing to bear? #Cryptocurrency fees can add up fast, with gas fees, minting fees, redemption fees, etc. If you're aiming for cost-efficiency, look for stablecoins with zero minting and redemption fees.

🔒5. How secure is the stablecoin?
Stablecoins vary in security levels. Some are higher-risk, higher-yield ventures. Some are fully attested, fully transparent. Choose a product that aligns with your desired level of security.

Once you have thought through these 5 key questions, you can choose your stablecoin with confidence!💪

🧐There's chatter about a bear market coming.
🧐There's chatter it's a bull run instead.

😎Stablecoins sidestep this chatter.

Bear or bull, #stablecoins provide stability across market conditions, a constant point amidst the ups and downs. While others fret, we chill.🌴

💥There isn't a "best" stablecoin type.

#Stablecoins are tools in your financial toolbox. For yield, look at interest rates. Payments, focus on efficiency & fees. For security, consider #TUSD.

Don't blindly follow news comparing coins. Choose the right tool for YOUR use case🛠️

Is this a Big Bang of #stablecoins? Yes, many new coins, soaring market value...

🤔But wait, veterans like #TUSD have been developing security & ecosystems for years. This bang isn't a start, but part of our continual growth🌱

Bangs are exciting, but foundation is everything.💪