What is a Stablecoin?
The short answer
A crypto token designed to hold a steady value, usually pegged to a currency like the US dollar.
See our full explainer, “What Is a Stablecoin?” — the short version is that its stability depends entirely on what backs it, which is worth understanding before treating one like cash.
Related terms
Full glossaryNode
A computer that keeps a copy of a blockchain's full transaction history and helps verify new transactions.
Staking
Locking up crypto to help secure a proof-of-stake network, in exchange for rewards.
DCA (Dollar-Cost Averaging)
Buying a fixed amount on a regular schedule, regardless of price, instead of trying to time the market.
Gas
The fee paid to have a transaction processed on a network like Ethereum.
Rug Pull
A scam where developers abandon a project and disappear with investors' funds, often suddenly.
Whale
Slang for an individual or entity holding a very large amount of a given cryptocurrency.
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