What is

stablecoin

A crypto token designed to hold a steady value, usually pegged to a currency like the US dollar

• Singapore proposes strict rules for stablecoin issuers
• Ethena expands its stablecoin into savings, cards, and payments
• Russia's Sberbank may accept ether and USDT for crypto loans
• Speculation: a future giant currency may not be a stablecoin
• Stablecoins and Swift are competing to move money globally