The Stem Cells themselves don't cure the cancer but the stem cells are used to replace destroyed stem cells after the old ones are destroyed by chemo.
First Chemo in very high doses are used to kill off the cancer along with sometimes the use of radiation which gets rid of the cancer.
Then they use the new stem cells to replace the destroyed and bad ones so in one way they cure cancer with stem cells but it's mostly the chemo and radiation that cures cancer by killing the cancer cells.