A stablecoin is only useful if it actually holds its value. Understanding how a peg is maintained — and how it can fail — is central to the money layer.
Keeping the peg
Fiat-backed stablecoins (like USDC or USDT) rely on the issuer holding reserves and honoring redemptions at one-to-one, so arbitrage keeps the market price near a dollar. Crypto-collateralized coins (like DAI) use overcollateralization and incentives, while synthetic dollars use hedging strategies.
How pegs break
Pegs can slip when reserves are doubted, when the assets backing a coin fall in value, when redemptions are frozen, or when an algorithmic mechanism unravels — as in past collapses that wiped out billions. A stablecoin is only as sound as the thing that backs it. We cover reserves and risks across our tokenomics coverage.
Educational content, not financial advice. Crypto is volatile and you can lose money. Do your own research. Crypto Ruble Coins is a news and education publication — not an exchange, conversion, or off-ramp service.
Последнее обновление 14 Jul 2026
Bernard Condon is a financial and cryptocurrency writer covering digital assets, blockchain innovation, fintech, and global markets. He specializes in translating complex industry developments into clear, data-driven insights for investors and technology enthusiasts.
