what is stablecoin?

a token designed to keep a steady price, usually tied to a major currency such as the dollar.

"stable" is a goal, not a guarantee: a stablecoin can lose its peg, and some issuers can also freeze tokens in any wallet. holding all your "cash" in one stablecoin is a concentration risk too.

related words

NFT a token that is unique rather than interchangeable, often used for digital art or collectibles.
wallet approval a permission that lets a smart contract or address move a set amount of one of your tokens later, without asking again.
gas the network fee paid to have a transaction processed on a blockchain.

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checked 2026-10-20. education, not advice. found a mistake? see corrections.