Cloud-native architectures and microservices allow software to be built faster, more resiliently, and scalably. Microservices involve decomposing applications into loosely coupled services that are independently deployable. Key aspects of microservices include explicit interfaces, independent scaling, and fault tolerance through approaches like circuit breakers. Containerization helps with microservices by enabling portable, lightweight execution of individual services. APIs are critical for communication between microservices and services should be stateless and immutable.