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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.