Stablecoins & Real-World Assets
Stablecoin
A cryptocurrency designed to hold a steady value, usually one US dollar. They are the main way people move dollars on-chain and the base currency of crypto trading and DeFi. How reliably one holds its peg depends on what backs it and who is accountable for it.
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General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.