Stablecoins are a type of crypto asset designed to maintain a relatively stable value, as their value is linked to more stable underlying assets. Unlike most cryptocurrencies, which can experience significant price fluctuations, stablecoins aim to provide price stability.

The value of stablecoins is typically backed by or referenced to fiat currencies (such as the Indonesian Rupiah or US Dollar), precious metals (such as gold), or in some cases, other crypto assets, helping to keep price movements more controlled.

With stablecoins, users can still enjoy the benefits of blockchain technology—such as high security, transaction transparency, privacy, and relatively low transaction fees—while minimizing the risks associated with extreme market volatility.

Due to their stable nature, stablecoins are commonly used as a store of value, a medium of exchange, and as a supporting asset for crypto trading activities on BTSE Indonesia.

If you have any further questions, please contact BTSE.ID Customer Support.