#WYSTStablecoin A stablecoin is a type of cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency like the U.S. dollar, or sometimes to commodities or other assets. Unlike volatile cryptocurrencies such as Bitcoin, stablecoins aim to reduce price fluctuations, making them more practical for everyday transactions, remittances, and as a store of value. They achieve stability through mechanisms like collateralization (e.g., holding reserves of the pegged asset) or algorithmic adjustments to supply. Popular examples include Tether (USDT), USD Coin (USDC), and Dai. Stablecoins bridge traditional finance and crypto, offering efficiency and accessibility in decentralized systems.