<ul><li>Stablecoins are cryptocurrencies designed to maintain a steady value by tying themselves to a less volatile asset like a fiat currency.</li><li>They are used for daily transactions, savings, and as a hedge against cryptocurrency volatility.</li><li>Stablecoins can be categorized into three groups based on the strategy used to maintain price stability.</li><li>They play a crucial role in bridging the gap between digital assets and traditional finance, and are expected to further integrate into the financial system.</li></ul>

Stablecoins

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