The Case For and Against Holding Stablecoins

Holding stablecoins lets you sit out volatility without leaving the crypto ecosystem, settle trades instantly, and access DeFi yields. In high-inflation economies they have become a practical dollar proxy.

The counterargument is that you are trading market risk for counterparty and regulatory risk: reserves can be questioned, access can be frozen, and yields can mask leverage. The sensible stance is to know exactly which stablecoin you hold and why — and not to assume “stable” means “safe.”