Stablecoins have the potential to become a primary medium for value transfer in the digital economy. Pegged to assets like fiat currencies, they offer price stability, addressing the volatility of cryptocurrencies. Their fast, low-cost transactions enable seamless cross-border payments, making them ideal for remittances, e-commerce, and DeFi applications. Integration with blockchain ensures transparency and security. However, regulatory scrutiny, scalability challenges, and concerns over centralization in some stablecoins must be addressed. With growing adoption and technological advancements, stablecoins could redefine digital finance, bridging traditional and decentralized systems effectively.