Why is the use of stablecoins growing around the world?
Why is the use of stablecoins growing around the world?
- They maintain a stable value. Unlike other cryptocurrencies, they don’t rise or fall sharply because they are usually pegged to the dollar or another strong currency.
- They function as “digital dollars.” They allow people to store and send value without relying on traditional banks.
- Faster payments and transfers. Sending stablecoins is much faster and cheaper than using banks, especially across countries.
- Protection against unstable local currencies. In countries with inflation or devaluation, people use them to protect their money.
- Global access. Anyone with a phone and internet connection can use them, even without a bank account.
- Use in payment platforms and digital commerce. More and more apps and services accept stablecoins to pay, receive payments, or save.
- Growing trust. Since they are backed by reserves and regulated in some countries, more individuals and businesses feel confident using them.
In summary, stablecoins are growing because they combine the stability of traditional money with the speed and freedom of the digital world.
Updated on: 11/02/2026
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