Stablecoins are cryptocurrencies whose values are pegged to something else of value such as a US dollar or gold.
Price stability and decentralized nature are the two main features of stablecoins.
The lack of high volatility in price is the major advantage that stablecoins have over other cryptos such as Bitcoin and Ethereum, and allows them to be used in the mainstream.
An example of a stablecoin is Tether, which claims that each coin is pegged to the US dollar. The coin has been subject to intense scrutiny after it refused third party audits.
Other examples of stablecoins are MakerDao's Dai, Havven, and Basecoin.
You may also read Bitcoin Maximalist
For comments and feedback contact: editorial@rttnews.com
Business News
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.