stablecoin

[stey-buhl-koin]

Phonetic (Standard)IPA

noun

a cryptocurrency designed to have a less volatile value than other cryptocurrencies, often accomplished by pegging its value to another asset such as a government-backed currency or gold.

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Word History and Origins

Origin of stablecoin¹

First recorded in 2010–15; stable ² ( def. ) + coin ( def. )

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Example Sentences

Examples have not been reviewed.

Finally, major stablecoin issuer Circle is going public.

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So what is a stablecoin and why do people want them?

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Donald Trump himself is also using crypto generally—and stablecoins specifically—to turn a profit on his presidency and stands to win again if a stablecoin framework becomes law.

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Regulation has a patriotic angle, as a strong stablecoin system could be great for the dollar.

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The legislation’s provision to give special treatment to stablecoin holders when a company goes bankrupt is telling.

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stableboy stable door

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