ADVANCED: What is a “stablecoin“ (stable coin) and why would anyone ever want one?

Published April 19, 2025

by Joel Bomgar

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ADVANCED: What is a “stablecoin” (stable coin) and why would anyone ever want one? ANSWER: If you are a US citizen, you don’t. But the full answer is much more interesting!

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The content provided in this post is for educational purposes only. It should not be considered financial, investment, or trading advice. I am not a licensed financial advisor, and all opinions expressed are my own. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Investing in Bitcoin or any other assets carries risk, and you should never invest more than you can afford to lose.

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ADVANCED: What is a “stablecoin“ (stable coin) and why would anyone ever want one?

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