Step 1: Check causality.
Since
\[
h(t)=e^{-2t}u(t),
\]
the impulse response is zero for
\[
t<0.
\]
Therefore, the system is causal.
Step 2: Check stability.
For an LTI system to be BIBO stable,
\[
\int_{-\infty}^{\infty}|h(t)|\,dt<\infty.
\]
Here,
\[
\int_{0}^{\infty}e^{-2t}\,dt
=
\frac12,
\]
which is finite.
Hence, the system is stable.
Therefore,
\[
\boxed{\text{Stable and causal}}
\]
is the correct answer.
\[
\boxed{(D)}
\]