Stablecoin
A cryptocurrency designed to hold a steady value by being pegged to a reference asset, most often a national currency like the U.S. dollar. Stablecoins aim to combine crypto's speed and programmability with price stability, but they vary widely in how — and how reliably — their pegs are backed.
In the bookExplained in Chapter 16: Tokens: Cryptocurrencies, Fungible Tokens, and Stablecoins
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