Stable coin, What does it mean?

Stable coin is a term used in the cryptocurrencies field. It is key to understand it in order to fully understand this world

Definition of Stable coin

Stable coins are coins pegged to the price of stable assets such as Gold, Silver and other precious metals and diamonds. They are also pegged to so-called stable Fiat currencies such as the Dollar and UK Sterling, this is thought to prevent the volatile price fluctuations found in other cryptocurrencies.

Stable coin is related to


See more: Cryptonyms glossary