Stablecoin
A token engineered to track $1 — backed by reserves, by other crypto, or algorithmically. Used as cash inside DeFi.
See also
Terms related to Stablecoin
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CDP (Collateralised Debt Position)
Locking crypto as collateral to mint a stablecoin against it. You keep upside on the collateral while spending the borrowed dollars.
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Lending Protocol
A DeFi app where you deposit a token to be borrowed by others. You earn interest from the borrowers; they post collateral to back the loan.