Stablecoins play a significant and multifaceted role within financial markets, offering benefits and functionalities that enhance the efficiency, stability, and accessibility of the cryptocurrency ecosystem and traditional financial systems. Navigating this emerging market along with its inherent risks and regulations presents myriad challenges for today’s finance professional. Steve Maex, Assistant Professor of Accounting at George Mason University’s Costello School of Business, and Stefan Slavov, Assistant Professor of Accounting at San Diego State University, guide us through an analysis of stablecoin and its evolving role in today’s economy.