Stablecoins

Stablecoins covers how dollar-pegged and other stable-value crypto assets actually work, and the US regulatory context around them -- an area moving quickly as federal lawmakers and agencies work out how stablecoins should be issued, backed, and overseen going forward.

We explain the mechanics that make a stablecoin stable, or not: collateral models, redemption mechanisms, and the transparency practices -- reserve attestations, audits -- that distinguish a well-run issuer from a risky one, based on what issuers publicly disclose rather than assumptions or marketing claims we cannot verify.

Stablecoins are not risk-free simply because they are pegged; a peg can break under stress, and we cover those episodes when they happen, not just the routine mechanics.

For live stablecoin data, see our stablecoins page.

Not financial advice. Cryptocurrency is volatile and high-risk; nothing here is a recommendation to buy or sell any asset. Consult a licensed professional before making financial decisions.