Nostr Web Client

"One problem that persists for people in a Bitcoin economy is the short-term volatility of the bitcoin exchange rate."

"This problem led Galoy to create a feature called Stablesats, a USD account that people can use to hold “dollar equivalent” balances in their Lightning wallet, thus protect themselves from fluctuations in the bitcoin exchange rate."

https://stablesats.com/

I know that Blink wallet supports it, not sure yet about other developments.

Also I don't know how trustable it is, and how good. Just this can also be an option to hold bitcoin, and hold a certain amount in stable sats to reduce the short term volatility for your monthly spending.

Antonidus 1y ago

Thanks for sharing 🙏

Reply to this note

Please Login to reply.

Discussion

Joey 1y ago

You're welcome! 🤙 Hope it helps.