$STABLE A stable coin is a type of cryptocurrency designed to keep its value stable, unlike other coins whose prices change a lot. Stable coins are usually pegged to a stable asset such as the US dollar (1 stable coin ≈ 1 USD), gold, or other real-world assets.
Key points:
They reduce price volatility in the crypto market.
Common examples include USDT (Tether), USDC, and DAI.
Used for trading, saving, and sending money quickly with low fees.
Provide stability while still using blockchain technology.
