When the crypto market crashes, stablecoins, digital assets pegged to stable values like the US dollar to avoid volatility. Also known as crypto-backed dollars, they’re the quiet backbone of trading, remittances, and survival in places where banks won’t help. Unlike Bitcoin or Ethereum, which swing wildly in price, stablecoins hold their value. That’s why, in Iran, people use DAI on Polygon, a decentralized stablecoin built to resist censorship and control instead of USDT after local exchanges got hacked. In Algeria, where crypto is banned but inflation is crushing savings, citizens trade USDT, the most widely used dollar-pegged stablecoin, often traded peer-to-peer through hidden P2P apps. These aren’t just trading tools—they’re lifelines.
Stablecoins don’t just help individuals. They power entire underground economies. In Russia, where banks block crypto payments, P2P platforms rely on USDT to move rubles in and out of crypto. In Nigeria, where the central bank once banned crypto banking, stablecoins became the bridge between formal finance and decentralized networks. Even in Saudi Arabia, where banks are forbidden from touching crypto, traders use stablecoins to bypass restrictions quietly. And in North Korea, state hackers steal millions in Bitcoin and Ethereum—but convert it all into stablecoins to launder and spend without drawing attention.
Not all stablecoins are the same. Some, like USDT, are backed by corporate reserves and face scrutiny over transparency. Others, like DAI, are over-collateralized by crypto assets and run on open-source smart contracts. Then there are newer models—algorithmic stablecoins that try to maintain value through code alone, often failing spectacularly. In 2025, the safest stablecoins are the ones with real usage, not just marketing. You’ll see that in the posts below: projects that vanished, scams pretending to offer free tokens, and real-world cases where stablecoins made the difference between losing everything and keeping your savings alive.
What you’ll find here isn’t theory. It’s what people actually do with stablecoins when the system fails—whether they’re trading in Iran, hiding from sanctions in Russia, or trying to escape inflation in Algeria. These aren’t speculative bets. They’re practical tools, used by real people in real crises. And if you’re trading crypto, avoiding scams, or just trying to protect your money, understanding stablecoins isn’t optional—it’s essential.
Argentine citizens are turning to crypto-especially stablecoins and Bitcoin-as a lifeline against hyperinflation and strict currency controls. With the peso losing value daily, crypto has become essential infrastructure for savings, payments, and survival.
