Stablecoin
A stablecoin is a cryptocurrency that is pegged to another asset, such as a fiat currency. Stablecoins aim to have the instant payment processing and security of a cryptocurrency but also a volatility-free price: a US dollar stablecoin should not have value that fluctuates away from $1.
Links
- What is a Stablecoin? Most Comprehensive Video Guide – Youtube
- Stablecoin – Investopedia