Stablecoins
Learn about the stablecoins available on our platform
What are Stablecoins?
Stablecoins are cryptocurrencies designed to maintain a stable value relative to a specific asset, typically a fiat currency like the US dollar or Euro.
Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which can experience significant price volatility, stablecoins aim to provide the benefits of digital currencies while minimizing price fluctuations.
This stability makes them ideal for everyday transactions, remittances, and as a store of value in the cryptocurrency ecosystem.
Types of Stablecoins
Fiat-Collateralized
Backed 1:1 by reserves of fiat currencies like USD or EUR held in regulated financial institutions. Examples: USDC, USDT, EURC.
Crypto-Collateralized
Backed by other cryptocurrencies, typically over-collateralized to account for price volatility. Example: DAI.
Algorithmic
Use algorithms to automatically adjust supply based on demand to maintain a stable price. These typically don't rely on collateral.
Precious Metal-Backed
Backed by reserves of precious metals such as gold, silver, or platinum, securely stored in professional vaults. These stablecoins are typically redeemable for the underlying metal, providing stability and trust through real-world assets. Example: KAU (gold-backed).
Our Stablecoins
All stablecoins available on our platform are fully regulated and comply with applicable laws and regulations.
We only offer stablecoins from reputable issuers with proven track records of maintaining their peg to the underlying asset.