Stablecoins & Payments
Tokens designed to hold a steady value — the bridge between crypto and ordinary money.
Start with
- Stablecoins & Payments · Beginner
What is a stablecoin?
Tokens designed to stay at $1: what backs them, how redemption works, and why runs happen.
Every explainer in Stablecoins & Payments
- Stablecoins & Payments · Beginner
Types of stablecoins
Fiat-backed, crypto-backed and algorithmic designs side by side, with the failure mode of each.
- Stablecoins & Payments · Intermediate
Stablecoin reserves and attestations
Attestation vs audit vs proof of reserves, what US rules require, and a five-step way to read a report.
- Stablecoins & Payments · Beginner
Stablecoins and cross-border payments
The on-ramp, the chain and the off-ramp: where costs and risks sit when money crosses borders as tokens.
Terms used in this section
Glossary A–Z →- Depeg
When a stablecoin slips from $1: causes, the 2023 USDC case and the UST collapse.
Other sections
All sections →Crypto Basics
What crypto is, how blockchains and wallets work
02Networks & Ecosystems
Bitcoin, Ethereum, Solana, layer 2s and smart contracts
03DeFi
Decentralized exchanges, lending, oracles and their risks
05Fintech
Card rails, open banking, digital banks, instant payments, CBDCs
06Markets & Macro
Inflation, interest rates, ETFs and how markets move
07Regulation
Who regulates what: SEC, CFTC, MiCA, AML rules and tax basics