Stablecoin wallets have emerged as a safe and viable option for people to have their money in decentralized and away from the government. Forbes highlights that payment rejections, unfavorable government policies, etc. are likely to make people jump on the crypto and stablecoin bandwagon.
Stablecoin Wallet Help Keep Money Away From Banks
Forbes highlights that the World Bank Global Findex Database 2021 reports that 76% of the adult global population owns an account of some kind. However, banks act at their discretion, sometimes in a highly capricious way. Even in 2024, having a bank account does not mean that you won’t experience financial instability at some point in the future. Given this, maintaining a cryptocurrency wallet that is stocked with stablecoins—coins that are linked to the value of a currency—might be the public’s best line of protection against untrustworthy organizations.
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