Noun (thing)
    
  
    Stable coin  
          
      
          
      
      
   
  
                  
                            
              
  
                  
                            
              
  
    
        a cryptocurrency, whose sole purpose is to be pegged to a fiat pair, such as the US Dollar, thus providing a relative stability during times of crypto volatility.        
          
      
          
      
      
    
  
      There is some debate over whether stablecoins are really backed by fiat and aren't just used to artificially pump other crypto prices.