stablecoin

American

[stey-buhl-koin] / ˈsteɪ bəlˌkɔɪn /

noun

a cryptocurrency designed to have a less volatile value than other cryptocurrencies, often accomplished by pegging its value to another asset such as a government-backed currency or gold.

Etymology

Origin of stablecoin

First recorded in 2010–15; stable ² ( def. ) + coin ( def. )

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Lastly, a combined company would be well positioned to compete in the growing stablecoin space.

From The Wall Street Journal

Circle Internet Group surges after the stablecoin issuer beats analysts’ earnings forecasts for the fourth quarter.

From Barron's

The token is the second-largest stablecoin in circulation behind Tether’s USDT.

From Barron's

Shares of Circle Internet Group were surging toward their best day in months in early Wednesday trading, after the stablecoin issuer provided investors with something to cheer about — accelerating profitability and a sales beat.

From MarketWatch

Circle, the issuer of the world’s second-largest stablecoin, reported a net income from continuing operations of $133.4 million, or 43 cents, in the fourth quarter.

From The Wall Street Journal

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023