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Trading glossary · markets

stablecoin

A kind of crypto coin built to keep a steady price, usually matching one US dollar.

The fuller meaning

A crypto token designed to hold a stable value, usually pegged to a currency such as the US dollar, and used to move between coins without leaving crypto. Pegs can break and some stablecoins have lost theirs, so a stablecoin is not the same as a bank deposit.

stablecoin.

Related words

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