What is Stablecoin?
Stocks, funds & commoditiesA cryptocurrency designed to keep a steady value, usually 1 US dollar, normally backed by reserves such as cash and short-term bonds.
Think of it like: An arcade token that should always swap back for exactly one dollar.
Real example: TerraUSD had no real reserves behind it: it lost its $1 peg in May 2022 and collapsed to almost zero.
Lesson: Crypto basics Practise it now: Who Am I? Practise it now: Safe Haven Sprint