What are stablecoins

Stablecoins are cryptocurrencies designed to keep a stable value, usually by being pegged to a real-world asset like the US dollar. In short: Stablecoins are the "cash" of the crypto world. Key points:

• 1 stablecoin ≈ 1 USD (most common case)
• They reduce the price swings you see in regular crypto like Bitcoin
• Used for trading, saving, and payments without worrying about volatility