Category

Stablecoin Mechanics

Stablecoin risk depends on the peg mechanism, issuer reserves, and market confidence.

USDC

USDC is a dollar-denominated stablecoin issued by Circle.

Tether

Tether is the issuer of USDT, one of the largest dollar-linked stablecoins.

Peg

A peg is the target value a stablecoin or currency arrangement tries to maintain.

Reserve

Reserves are assets held to back redemptions or support a stablecoin's value.