iGaming Glossary / Stablecoin
What is Stablecoin?
A cryptocurrency pegged to a normal currency, used to avoid price swings while still paying in crypto.
A stablecoin is a type of cryptocurrency designed to hold a steady value, usually by tracking a regular currency such as the US dollar. One coin is meant to stay worth about one dollar at all times. Well known examples include USDT and USDC.
For casino players, this solves a big problem. Coins like Bitcoin can swing in price from one hour to the next, so a deposit made today might be worth noticeably more or less by the time you cash out. A stablecoin lets you enjoy fast crypto payments without watching your balance jump around.
Many crypto casinos now accept stablecoins alongside more volatile coins. If you want the speed and privacy of crypto but dislike the price risk, they are a sensible middle ground. See our crypto gambling guide for how deposits and withdrawals work.
Related terms
Browse every definition in the full iGaming glossary, or see our casino reviews and game providers. 18+.