What are Stablecoins?

## Executive Summary This report is an educational overview of stablecoins that explains what they are, how different stablecoin types maintain pegs (fiat-backed, crypto-backed, commodity-backed, algorithmic), their benefits and common uses in trading, payments, DeFi and remittances, associated risks (de-pegging, liquidity, transparency, counterparty and smart contract risks), practical user guidance, and a brief note on CertiK's security and audit services.