Stablecoin. For most of us, it’s an oxymoron. It’s even impossible to imagine that one or another coin can be stable. So why stablecoins exist? And why do we need them?

Volatility divides the crypto community into two parts. The first half like the fact of crypto volatility because it’s a fertile ground for speculations and quick profit. The others hate crypto for everyday changing price and wish it could be more stable. The desire to make the crypto industry a little bit more predictable, lead some developers to peg their coins to the US dollar price. We call them stable coins and they have the most sustainable reputation.

One of the most well-known stable coins is Tether. The Thether price is close to the US dollar and pegged to it. Thus, we have a coin with all crypto features, such as borderless nature and decentralization and stable price. For some crypto traders, it’s a win-win situation.

The latest stablecoin was JPM coin that was launched by JP Morgan bank and had a positive reputation. Firstly, JP Morgan bank is an old and respectable organization that we all trust. Secondly, JPM coin is stable. What can be better for a wounded crypto soul?

To put it directly, a coin like JPM or Tether will always be worth $1, so you can’t make any speculations on it. The mass adoption of such currencies could change the crypto course from investments to digital payments. Thus people could use crypto as a payment system without any fear if losing or paying more. Stable coins may lead us to something we are going for a very long time — making a crypto an independent global currency.

Volatility in crypto is something that makes it special. For me, cryptocurrency is not just about money and cold math. It’s about all these emotions and tension when you wait for BTC or the other token to grow. However, I also believe that crypto will change this world. It can give us an opportunity for new independent money that can be used everywhere. And it can’t be possible without mass adoption and stability. So, maybe, it’s time for us to make a further step in a better future.