CRYPTO GLOSSARY · TOKENS

What is Stablecoin?

Cryptocurrency pegged to a stable asset.

📖 Full Definition

A stablecoin is a type of cryptocurrency designed to maintain a stable value, typically by pegging it to a fiat currency like the US dollar. Stablecoins provide stability in the volatile crypto market and facilitate trading and payments.

💡 Example

USDT, USDC, and DAI are popular stablecoins pegged 1:1 to the US dollar.

🔗 Related Terms

Fiat Currency

Government-issued currency like USD or EUR.

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