#BigTechStablecoin

A stablecoin is a type of cryptocurrency designed to maintain a stable value by being pegged to a reserve asset like the US dollar, euro, or gold. Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, stablecoins offer price stability, making them ideal for everyday transactions, savings, and cross-border payments. Common stablecoins include USDT (Tether), USDC, and BUSD. They are widely used in decentralized finance (DeFi) and crypto trading to avoid sudden price swings. Stablecoins can be backed by fiat reserves, crypto assets, or algorithms. Their reliability makes them a crucial bridge between traditional finance and the digital economy.