#StablecoinPayments is the first decentralized cryptocurrency. It can be sent from one person to another over the Bitcoin network in a peer-to-peer manner without the need for a third party. Network transactions are verified using cryptography and recorded in a distributed ledger called the blockchain without a central authority to oversee it. Consensus among nodes is achieved using an intensive computational process based on proof of work known as mining, which secures Bitcoin's blockchain. Mining consumes large amounts of electricity and has faced criticism due to the environmental impact of Bitcoin.