In the fast-paced world of freelancing, being paid in stablecoins is becoming more common. Now, more than 90% of crypto salary transactions are done in stablecoins. The immediate access to earnings and the protection against inflation are just two of the reasons people are leaning into this method of payment. This article will explore how stablecoin salaries are changing the game for freelancers.
Why Stablecoins?
Stablecoins, as you might know, are cryptocurrencies that keep their value by being pegged to assets, usually fiat currencies like the US dollar. This makes them more attractive to freelancers who face the volatility of traditional cryptocurrencies. The instant payment methods allow for almost immediate access to earnings. For those in countries facing inflation, stablecoins offer a way to protect purchasing power. Plus, they tend to be cheaper than using traditional banking services. READ MORE