Stablecoin

A stablecoin is a type of cryptocurrency designed to maintain a stable value by pegging it to a reserve asset like the US dollar, euro, or gold.

Popular stablecoins include USDT (Tether), USDC, and DAI. They combine the benefits of cryptocurrency (fast transfers, programmability) with price stability. Stablecoins are commonly used for trading, remittances, and DeFi applications.

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