Stablecoins

WHAT IS STABLECOINS? EXPLAINED: MEANING & CHALLENGES

 Stablecoins are cryptocurrencies pegged to assets like the dollar or gold to ensure price stability. They enable fast, low-cost global payments and support DeFi, but raise risks of financial instability and regulatory concerns. India remains cautious, prioritizing UPI and Digital Rupee while debating stablecoin regulation amid growing global adoption.