Stablecoins have become more popular recently because they hold a stable value, unlike other cryptocurrencies that can change in price quickly.
They are often linked to assets like the U.S. dollar, making them safer for people who want stability.
Stablecoins are widely used in decentralized finance (DeFi) for things like lending and trading. Big companies like PayPal and Visa are also starting to use them for global payments.
In 2024, stablecoin transfer volumes reached approximately $27.6 trillion, surpassing the combined transaction volumes of traditional payment giants Visa and Mastercard by 7.7%.
