RabbitVectorGlossary
What is
stablecoin
A crypto token designed to hold a steady value, usually pegged 1-to-1 with the US dollar
Seen in recent stories
- Circle responds as competitors try to poach USDC partners with better deals
- BIS: banks could slow stablecoin growth by raising savings rates
- Circle plans to expand its stablecoin to 40 new countries
- Dutch central bank approves euro-backed digital token issuer
- Arbitrum joins Paxos stablecoin alliance called Global Dollar