Stablecoins are considered one of the most important tools in the world of cryptocurrencies because they provide a way to avoid severe price volatility, like what happens with Bitcoin and Ethereum. Some of the most well-known stablecoins are USDT and USDC, which are often backed by the US dollar, making them a good option for daily financial transactions. They can be used for purchases or sending money quickly and without high fees. They also allow users to protect their funds from volatility and facilitate e-commerce around the world. They play a significant role in supporting decentralized financial systems and enhancing transparency and trust in digital transactions.

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