#BigTechStablecoin Crypto, short for cryptocurrency, is a digital or virtual form of money that uses cryptography for secure financial transactions. It operates on decentralized blockchain technology, which acts as a public ledger to record all transactions. Popular examples include Bitcoin and Ethereum. Crypto enables peer-to-peer transfers, bypassing traditional banks and intermediaries. It has various use cases such as online payments, decentralized finance (DeFi), and non-fungible tokens (NFTs). Due to its volatility, it’s often seen as an investment tool. While it offers privacy, transparency, and global access, crypto also faces challenges like regulatory issues and security concerns from scams and hacks.