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A stablecoin is a type of cryptocurrency designed to maintain a consistent value, most commonly pegged to a fiat currency like the US dollar. For example, 1 USDT is approximately equal to 1 USD ($), and 1 USDC is approximately equal to 1 USD ($).
Because their value is more stable than many other cryptocurrencies, stablecoins are well suited for payments. They allow users to send and spend funds globally with speed and predictability, making them a practical option for everyday transactions alongside other supported digital assets on Lydian.
Traditional cryptocurrencies such as Bitcoin or Ethereum tend to be more volatile, which often makes them better suited for investment or long-term holding rather than routine purchases.
Lydian supports payments using both stablecoins and select cryptocurrencies. Accepted assets may include major stablecoins, as well as cryptocurrencies, depending on what each merchant chooses to accept.
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