stablecoin
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Article
48 sectionsContents
- Background
- Types of stablecoin
- Fiat-backed stablecoins
- Cryptocurrency-backed
- Commodity-backed stablecoins
- Algorithmic stablecoin
- Uses of stablecoins
- Convenience for cryptocurrency users
- Cross-border payments
- Currency substitution
- Aid distribution
- Policy and regulatory issues
- Money laundering and terrorism financing
- Erosion of monetary sovereignty
- Sanction avoidance
- Financial risks and stability concerns
- De-pegging risk
- Contagion risk on financial market
- Counterparty risk
- Solvency risk
- Technology risk
- Lack of reserve transparency
- Fragmentation of liquidity
- "Death spiral" of algorithmic stablecoin
- Comparison between Stablecoin and CBDC
- Stablecoin and interest return
- Yield provided by cryptoasset service providers
- Yield farming in decentralized platform
- Legislation and regulation
- Armenia
- Australia
- Bahrain
- Canada
- China
- European Union
- Hong Kong
- Japan
- Singapore
- South Korea
- UAE
- United Kingdom
- United States of America
- Stablecoins and US Treasuries
- State of Wyoming
- Defunct stablecoin projects
- De-pegged stablecoins
- Abandoned stablecoin projects
- References
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A stablecoin is a type of cryptocurrency that aims to maintain a stable value relative to a specified asset, a pool or basket of assets. The specified asset might refer to fiat currency, commodity, or other cryptocurrencies. Despite the name, stablecoins are not necessarily stable. Stablecoins rely on stabilization tools such as reserve assets or algorithms that match supply and demand to try to maintain a stable value.