Stablecoins provide a reliable medium of exchange and store of value in the crypto ecosystem. They enable seamless cross-border transactions, reduce dependence on traditional banking systems, and facilitate DeFi applications such as lending, borrowing, and yield farming. Businesses and individuals use stablecoins for remittances, payment settlements, and hedging against market volatility. Regulatory oversight of stablecoins is increasing as they play a crucial role in the broader financial system. Choose stablecoins with strong backing and transparent audits to ensure reliability.