A cryptocurrency designed to maintain a stable value, typically pegged to USD (USDT, USDC, DAI), EUR (EURC), or other fiat. Stablecoins are used for trading, remittances, and on-chain dollar-denominated savings. Mechanisms vary: fully-reserved (USDC), collateral-backed (DAI), or algorithmic (none currently dominant after Terra UST’s 2022 collapse). Total stablecoin supply hit $190B in 2026.
Stablecoin
A cryptocurrency designed to maintain a stable value, typically pegged to USD (USDT, USDC, DAI), EUR (EURC), or other fiat. Stablecoins are used for trading, remittances, and on-chain dollar-denominated savings. Mechanisms vary: fully-reserved (USDC), collateral-backed (DAI), or algorithmic (none currently dominant after Terra UST's 2022 collapse). Total stablecoin supply hit $190B in 2026.
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