Noun
stablecoin (plural stablecoins)
A cryptocurrency with price stability by design, often pegged to a stable asset such as the US dollar.
If the issuer does not have this fiat available in a liquid form, the stablecoin and hence the backer of the stablecoin would crash. Source: Internet
Choosing a stablecoin that is less costly to use even when transactions volumes are surging is a no brainer. Source: Internet
They need to co-ordinate their oversight of the total stablecoin issuance. Source: Internet
The idea is such that owning a stablecoin is essentially owning the real-world asset — through a digital proof of ownership. Source: Internet