Stablecoin

By CoinGecko | Updated on Mar 03, 2020
Stablecoins are designed to mimic commodity assets or fiat currency whilst exisiting as a cryptocurrency. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.

Related Terms

Application Programming Interface (API)
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact.
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
Web3 Wallet
Web3 Wallet is the software that allows you to interact with web 3.0.
Yield Farming
Yield farming involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees.
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