【Stablecoins: Tools to Reduce Cryptocurrency Price Volatility】

Stablecoins are cryptocurrencies that peg their 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 remains around 1 dollar. Stablecoins provide investors with a way to store value stably within the crypto space, particularly suited for cross-border payments and decentralized finance (DeFi) applications. They can play a role similar to fiat currencies in the cryptocurrency market while enjoying the transparency and efficiency brought by blockchain. $ETH