Free USDT and USDC Transactions, Crypto Magic Gives Investors a Fresh Air
BONSERNEWS.com – Along with the emergence of various innovations in the crypto ecosystem, the Magic Crypto platform currently provides USDT and USDC Stablecoin transactions. Even Ajaib Kripto makes it easy for investors with free USDT and USDC transaction fees.
It is known that Stablecoin is the latest innovation in the development of the crypto ecosystem. Stablecoin is one of the adoption of crypto assets and web3.
Stablecoins exist because investment in crypto assets has quite high volatility with speculative values, both long term and short term.
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That way, this new innovation is a breath of fresh air for investors who want to own crypto assets but move stably. Because of this, Stablecoins are the main option for investors.
Ajaib Kripto Financial Expert, Panji Yudha said, Stablecoin volatility tends to be lower because the value price is based on conventional assets, such as a combination of currencies, gold, silver, or other valuable assets.
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“For this reason, stablecoins are often the top choice for financial decisions of institutional and retail users of crypto assets,” Panji said in a written statement, Friday 3 February 2023.
According to CoinMarketCap, there are currently 134 Stablecoins. The top three stablecoins, namely USDT, USDC, and BUSD, represent more than 90 percent of the total Stablecoin market capitalization (US$127 billion).
The two Stablecoins that investors are currently most interested in are USDT and USDC. Both are in demand because their value is based on US dollars with a ratio of 1:1.
USDT and USDC are the most popular Stablecoins in the crypto asset market. Each unit of Crypto Asset Stablecoin in circulation is backed by a US$1 dollar held in reserve in the form of a mix of cash and short-term US Treasury bonds.
“UDST and USDC are the most widely used crypto asset pairings on various world crypto exchanges, this makes it easier for investors to carry out asset transactions in the stablecoin network with USDT and USDC pairings,” Panji said.
Panji gave an example, investors can buy Bitcoin (BTC) crypto assets using USDT supplies to be paired into BTC/USDT.
Stablecoin innovation has also contributed to increasing investor confidence in crypto assets. This can be seen from the number of new users who have experienced growth based on the records of the Commodity Futures Trading Regulatory Agency (Bappebti).