#StablecoinLaw Stablecoin, or stable coin, is a general term for cryptocurrencies (BTC, SOL) whose exchange rates are aimed to stabilize, for example, by forcibly pegging their price to traditional currencies or the quotes of exchange-traded commodities. The rates of cryptocurrencies are characterized by extremely high volatility.
Stablecoins are not subject to volatility; their price is pegged to a base asset, usually the US dollar. And while the price of bitcoin and other coins can fluctuate significantly, the value of stable coins is intended to remain unchanged.