#StablecoinLaw Stablecoins are cryptocurrencies designed to maintain a stable value, typically backed by a fiat currency like the dollar (e.g., USDT, USDC). They offer an alternative to the volatile assets of the crypto market. Used for trading, fast transfers, or as a store of value, they play a central role in the DeFi ecosystem. There are three main types: fiat-collateralized, crypto-collateralized, and algorithmic. While they reduce volatility, some present risks of centralization, opaque reserves, or depegging. Stablecoins combine speed, accessibility, and digital stability.