Stablecoins are a type of cryptocurrency that are becoming more popular. They are used for things like saving money, buying things, and sending money to other countries. A report says that stablecoins are becoming more popular because they help people send money faster and easier than traditional ways.

People in many countries are using stablecoins to buy things and send money. Some stablecoins are linked to the US dollar, but others are linked to other currencies. The report also says that the market for stablecoins is growing, and it could get even bigger in the future.

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<p>The post Stablecoins Transition from Crypto Exchanges to Broader Financial Applications first appeared on CoinBuzzFeed.</p>