Definition
In cryptocurrency, a Crypto Token designed to maintain a stable value, typically pegged to a fiat currency like the US dollar, a commodity, or an algorithm, used for Crypto Transactions, decentralized finance, or as a store of value with reduced volatility.
Crypto Stablecoin
In cryptocurrency, a Crypto Token designed to maintain a stable value, typically pegged to a fiat currency like the US dollar, a commodity, or an algorithm, used for Crypto Transactions, decentralized finance, or as a store of value with reduced volatility.