A stablecoin is a cryptocurrency designed to maintain a stable value, usually pegged 1:1 to the US dollar. Popular stablecoins include USDT (Tether), USDC (USD Coin), and DAI. Stablecoins are widely used in DeFi and crypto trading to avoid volatility. They allow traders to stay 'in crypto' during market downturns without converting back to fiat currency.
Related Terms
A blockchain is a decentralised, distributed digital ledger that records transactions across a netwo...
Bitcoin is the world's first and largest cryptocurrency, created in 2009 by the pseudonymous Satoshi...
Ethereum is the second-largest cryptocurrency by market cap. Unlike Bitcoin, Ethereum is a programma...
An altcoin is any cryptocurrency other than Bitcoin. The term comes from 'alternative coin.' Altcoin...
Market Navigator Glossary — plain-English definitions of 93+ investing and crypto terms. All content is for educational purposes only and does not constitute financial advice.