Skip to main content
MarketSurfer

What is Stablecoin?

Advanced

스테이블코인

A coin designed to limit price fluctuation by pegging its value to a fiat currency or similar. It is used like cash inside the market, as a place to park funds while waiting and as a channel for moving them. Risk differs greatly depending on what backs the peg and how, and if the peg breaks, the assumption of safety collapses.

Stablecoinone dollaran asset that tracks the dollar — departing from it is a depeg

Lessons using this term (with diagrams)

Related terms

← All glossary terms

Stablecoin meaning — Trading glossary | MarketSurfer