Stablecoins
What is a stablecoin — and why does it matter for business?
A short, factual explainer for businesses considering stablecoins for payments and settlement.
A stablecoin is a cryptocurrency designed to hold a steady value by being pegged to a reference asset — usually a fiat currency such as the US dollar. For businesses, stablecoins make it possible to move and settle value digitally, across borders and in minutes, without the price volatility of other crypto assets.
Why businesses use stablecoins
Stable value
Pegged to fiat, so the amount you send is the amount that arrives.
Fast, borderless
Settle in minutes across markets correspondent banking underserves.
Programmable settlement
Reconcile and automate payments in ways legacy rails can’t.
FAQ
Common questions
Are stablecoins volatile?
A well-run, fully-backed stablecoin aims to hold its peg, so it behaves far more like the fiat it tracks than like other crypto. Backing quality and issuer matter.
How does a business actually use one?
Through a regulated provider that accepts, converts and settles stablecoins — so the business deals in payments, not wallets. See how businesses settle in stablecoins under Solutions.