#BigTechStablecoin Stablecoins are the backbone of decentralized finance (DeFi), enabling users to lend, borrow, and trade without the volatility of traditional cryptocurrencies. Coins like DAI and USDC are widely used in DeFi protocols for liquidity pools, yield farming, and collateralized loans. Their stable value ensures predictable returns and minimizes risks in smart contracts. For example, users can stake stablecoins to earn interest or use them as collateral for borrowing other assets. However, DeFi’s reliance on stablecoins raises concerns about systemic risks, especially if issuers face reserve issues or regulatory crackdowns. Stablecoins continue to drive innovation in the decentralized financial ecosystem.