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1Inch (1INCH) is a stablecoin backed by USD asset that maintain the price at 1:1 , which mean 1 1Inch (1INCH) token will always worth 1 USD
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Unlike any other cryptocurrency that fluctuates a lot, 1Inch (1INCH) is very stable, 1 1Inch (1INCH) token is always worth 1 USD .
1Inch (1INCH) runs on ethereum blockchain as a token and doesn’t relate with bitcoin blockchain, the main usage of 1Inch (1INCH) is that 1Inch (1INCH) always stable and 1 1Inch (1INCH) token always valued at 1 USD