A stablecoin is a cryptocurrency designed to hold a steady value by being pegged to a reference asset, usually a fiat currency like the US dollar. USDC and USDT are the most widely used dollar stablecoins.
Why stablecoins matter for payments
Because a stablecoin like USDC or USDT stays close to $1, businesses can settle payments in a predictable value instead of a volatile coin like Bitcoin. That makes stablecoins the practical choice for getting paid in crypto.