Stablecoins are digital currencies that are designed to maintain a stable value, usually pegged to a fiat currency or a commodity like gold. These cryptocurrencies have become increasingly popular in recent years, especially in the world of decentralized finance (DeFi) and international money transfers. However, stablecoins also present unique regulatory challenges that have prompted policymakers and financial authorities to take a closer look at how they are managed and used. In this article...