【Stablecoins: Tools to Reduce Cryptocurrency Price Volatility】

Stablecoins are a type of cryptocurrency that ties its value to fiat currencies (such as the US dollar) to avoid price fluctuations like those of Bitcoin. Tether (USDT) and USD Coin (USDC) are the most common stablecoins in the market, and their value typically stays around 1 dollar. Stablecoins provide investors with a way to store value stably within the cryptocurrency space, making them particularly suitable for cross-border payments and decentralized finance (DeFi) applications. They can serve a similar role to fiat currencies in the cryptocurrency market while enjoying the transparency and efficiency brought by blockchain technology. $BTC