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On-Chain Finance

Stablecoin

German: Stablecoin

A token designed to hold a stable value against a reference such as a single currency, backed by reserves, collateral or an algorithm; the term covers legally very different instruments.

Why people look this up

Broad intent; professionals want the taxonomy and the legal classification, not the marketing description.

Auf Deutsch

Stablecoin — Ein Token, der einen stabilen Wert gegenüber einer Referenz wie einer einzelnen Währung halten soll, unterlegt durch Reserven, Sicherheiten oder einen Algorithmus; der Begriff umfasst rechtlich sehr unterschiedliche Instrumente.

Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.