#StablecoinLaw

Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to assets like the US dollar, gold, or other currencies. Unlike volatile cryptocurrencies such as Bitcoin, stablecoins aim to minimize price fluctuations, making them ideal for everyday transactions, remittances, and as a store of value. Their benefits include enhanced price stability, enabling predictable financial planning and reduced risk in crypto trading. Stablecoins facilitate faster, cheaper cross-border payments compared to traditional banking systems, bypassing intermediaries. They also promote financial inclusion by providing access to digital currency for unbanked populations. Additionally, stablecoins support decentralized finance (DeFi) ecosystems, enabling lending, borrowing, and smart contract applications with reliable value retention.