Products based on Stable cryptocurrencies have many advantages over the same products that can only be bought for fiat currencies. Among such advantages are global access and usage, price stability, favorable capital, self-regulation, and self-management. Social security would benefit greatly from a widespread, stable cryptocurrency or alternative medium of exchange.

Bitcoin / other cryptocurrencies have not yet prevailed as currency. One of the reasons is that there is no or too little market distribution. Other possible reasons include volatility, long transaction costs and transaction times. With the help of stable currencies and better access, this becomes possible.

Actually, to represent fiat currencies or other assets 1 to 1, they should guarantee stability that is otherwise hardly given in the crypto-ecosystem. This is mainly due to the volatility of the cryptocurrencies. Stable coins should provide a safe haven here as their price closely follows the prices of the fiat currencies like USD.

Generally, even classic insurance services are dependent on the stability of a currency used in the system. One of the goals of the Asure Network is to create a system that can provide insurance services without being vulnerable to the volatility of the price. As a possible solution to overcome the problem is to use a Stable coin for certain services in the future.

Products based on Stable cryptocurrencies have many advantages over the same products that can only be bought for fiat currencies. Among such advantages are global access and usage, price stability, favorable capital, self-regulation, and self-management. Social security would benefit greatly from a widespread, stable cryptocurrency or alternative medium of exchange.

Bitcoin / other cryptocurrencies have not yet prevailed as currency. One of the reasons is that there is no or too little market distribution. Other possible reasons include volatility, long transaction costs and transaction times. With the help of stable currencies and better access, this becomes possible.

Actually, to represent fiat currencies or other assets 1 to 1, they should guarantee stability that is otherwise hardly given in the crypto-ecosystem. This is mainly due to the volatility of the cryptocurrencies. Stable coins should provide a safe haven here as their price closely follows the prices of the fiat currencies like USD.

Generally, even classic insurance services are dependent on the stability of a currency used in the system. One of the goals of the Asure Network is to create a system that can provide insurance services without being vulnerable to the volatility of the price. As a possible solution to overcome the problem is to use a Stable coin for certain services in the future.