#StablecoinPayments Stablecoin payments refer to transactions conducted using **stablecoins**, which are cryptocurrencies designed to maintain a stable value by pegging to a reserve asset like the US dollar, euro, or gold. They combine the benefits of blockchain technology (fast, borderless, secure) with the price stability of traditional fiat currencies.
### **Key Features of Stablecoin Payments:**
1. **Price Stability** – Unlike volatile cryptocurrencies (e.g., Bitcoin, Ethereum), stablecoins aim to maintain a 1:1 peg with their underlying asset.
2. **Fast & Low-Cost Transactions** – Payments settle in minutes (or seconds) with minimal fees compared to traditional banking.
3. **Global Accessibility** – No need for intermediaries like banks, enabling cross-border payments without forex restrictions.