Stablecoins are cryptocurrencies that are pegged to assets such as the US dollar and aim to maintain stable value. They are mainly divided into three types: fiat currency collateral, cryptocurrency collateral and algorithms. 1. Fiat currency collateral types such as USDT and USCD are supported by US dollar reserves; 2. Cryptocurrency collateral types such as DAI need to over-collateralize other currencies; 3. Algorithm relies on smart contracts to adjust supply but have high risks. The reasons why it is hotly discussed on platforms such as Douyin include: as a hedging tool when the crypto market falls, a bridge for novices to enter the crypto world, a way to obtain high-yield financial management in DeFi, and the application of low-cost cross-border payments. To obtain stablecoins, you can trade through mainstream exchanges such as Binance, Ouyi, and Huobi.

Recently, you may have frequently swiped the word "stablecoin" on social media such as TikTok, and it seems to have become a hot topic overnight. This article will explain to you in an easy-to-understand manner what stablecoins are, how they differ from cryptocurrencies such as Bitcoin, and why they suddenly became the focus of hot discussion.

Stablecoin Exchange in 2025:

Ouyi okx official website :

Binance binance official website:

Huobi htx official website:

What is a stablecoin?

Simply put, stablecoins are a special cryptocurrency, and their goal is to "stability".

The prices of cryptocurrencies such as Bitcoin and Ethereum that we are familiar with are volatile, and may rise or fall by dozens of percentage points in a day, which makes it difficult for them to be used as payment or value storage tools in daily life. The birth of stablecoins is to solve this problem.

Its value is usually "pegged" to some stable asset, the most common being the US dollar. In theory, the value of a stablecoin is about $1. You can understand it as the "digital dollar" or "electronic dollar" in the blockchain world.

The main types of stablecoins

1. Fiat currency collateralized stablecoin: This is the most mainstream one. For every stablecoin issued by the issuer, he deposits $1 in his bank account as reserve. The well-known USDT (Tether) and USDC (USD Coin) belong to this category. Because of the endorsement of real dollar assets, their value is relatively stable.

2. Cryptocurrency Collateral Stable Coins: This stablecoin is issued by other cryptocurrencies (such as Ethereum) as collateral. To cope with the price fluctuations of collateral, over-collateralization is usually required (such as collateralizing Ethereum worth $200 to generate a $100 stablecoin). DAI is a typical example.

3. Algorithmic Stable Coin: It does not rely on any collateral, but uses a set of intelligent algorithms to automatically adjust the supply in the market to maintain its price stability. This type of design is complex and has also experienced the risk of serious price decoupling.

Why are the hot searches in TikTok discussing stablecoins?

The main reasons why stablecoins suddenly sparked heated discussions on popular platforms such as Douyin:

Safe haven: When the cryptocurrency market falls overall, investors will sell Bitcoin, Ethereum, etc. in their hands with price fluctuations and exchange them for stablecoins to lock in profits or avoid further losses. When the market fluctuates violently, the trading volume and discussion of stablecoins will increase sharply, playing a "safe haven".

The "bridge" to enter the crypto world: For most novices, the first step to buying other cryptocurrencies is often to first use fiat currency to buy stablecoins, and then use stablecoins to trade Bitcoin, etc. It plays the role of a key "bridge" or "transfer station" connecting the real world fiat currency and the crypto world.

Tools to earn high returns: In the field of decentralized finance (DeFi), users can deposit their stablecoins into various protocols for "financial management" to earn interest. The annualized rate of return of this kind of financial management is sometimes much higher than that of traditional bank deposits, attracting the attention of a large number of users seeking stable returns.

Cross-border payments and value transfer: Compared with traditional international remittances, cross-border transfers are fast, low handling fees, and are not subject to holiday restrictions. This makes it increasingly popular in international trade, personal remittance and other fields, and discussions on related application scenarios have also increased.

How to obtain and trade stablecoins? Recommended mainstream platforms

The main channel for obtaining stablecoins is through centralized cryptocurrency exchanges. These platforms provide transaction services between fiat and stablecoins, as well as stablecoins and other cryptocurrencies. The following are some mainstream and large-scale platforms around the world:

1. Binance
Features: The world's largest trading volume cryptocurrency exchange, providing an extremely rich variety of currencies and trading pairs. Its ecosystem is very complete, from spot trading to derivatives, to financial management and NFT markets, it is the first choice platform for many users.

2. Ouyi (OKX)
Features: Also one of the world's top exchanges, it is known for its powerful derivative trading capabilities and friendly user experience. OKX's Web3 account and financial service products are also highly competitive, with a broad foundation among Asian users.

3. Huobi
Features: As one of the earliest batch of cryptocurrency exchanges, Huobi has a long history and deep user accumulation. The platform is operated soundly, especially in serving Chinese users.

4. Gate.io
Features: Famous for "many coins on the market" and is a treasure land for finding various emerging niche cryptocurrencies. If you are interested in exploring early projects, Gate.io offers a lot of options.

5. KuCoin
Features: Known as an "altcoin paradise", similar to Gate.io, KuCoin has also launched a large number of emerging and small-to-medium-sized cryptocurrencies. Its trading robots and other functions are also loved by some users.

6. Coinbase
Features: The first listed cryptocurrency exchange in the United States is known for its compliance and security. Its user interface is very simple and extremely friendly to novices. It is the first choice for many European and American users.

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