📘 Crypto Glossary #2: Stablecoin
A stablecoin is a crypto asset designed to keep a stable value, pegged to a reference asset, most often a fiat currency like the US dollar or the euro.
Why it matters for businesses:
🔹 Price stability: no volatility between getting paid and settling
🔹 Speed: transfers work 24/7, weekends and holidays included
🔹 Global reach: cross-border payments without banking cut-offs
Most stablecoins are backed by reserves such as cash and short-term government securities. In the EU, they're regulated under MiCA.
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#CryptoGlossary #Stablecoins #CryptoPayments #MiCA #Tothemoon
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