stablecoin
Phonetic: /ˈsteɪblˌkɔɪn/
Part of Speech: noun
Category: To be determined
A cryptocurrency whose value has been ‘pegged’ to that of something considered a ‘stable’ asset, like fiat currency or gold. It theoretically remains stable in price, as it is measured against a known amount of an asset which should be less subject to fluctuation. Always spelled as one word. User Guide: Tokens
Definition source: Education DAO - mapachurro
Sample sentence
N/A
Additional definitions
A type of cryptocurrency that is designed to maintain a stable value, rather than experiencing significant price changes.
Extended definition
No extended definition. ...yet
This word came from... the ether
Date first recorded: 2025-01-31
Commentary
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