Ethereum stablecoin

When you hear Ethereum stablecoin, a digital currency pegged to a stable asset like the US dollar and built on the Ethereum blockchain. Also known as ERC-20 stablecoin, it lets you hold value without riding the wild price swings of Bitcoin or Ethereum. Unlike regular crypto, these tokens don’t jump 20% in a day—they stay close to $1, making them the glue holding DeFi together.

Most Ethereum stablecoins are backed by real money, like USDT, Tether’s dollar-backed token, the most traded stablecoin on Ethereum, or USDC, Circle’s transparent, regulated dollar token. Then there’s DAI, a crypto-backed stablecoin created by MakerDAO that stays stable through smart contracts and overcollateralization. Each works differently, but they all solve the same problem: how to use crypto without losing your shirt when the market drops.

These tokens aren’t just for holding. They’re the fuel for lending, borrowing, and trading on decentralized exchanges like SushiSwap. You can earn interest on them, use them as collateral, or swap them for other tokens—all without leaving Ethereum. That’s why almost every DeFi project you’ll find on this site uses them. They’re the bridge between your bank account and the blockchain.

But they’re not risk-free. If a stablecoin issuer loses its reserves, or if the smart contract gets hacked, your $1 could vanish. That’s why some users stick with USDC because it’s audited and regulated. Others prefer DAI because it’s decentralized, even if it’s more complex. And when regulators crack down—like BaFin in Germany or North Macedonia’s gray-zone rules—stablecoins are often the first target. That’s why knowing which one you’re using matters more than ever.

On this page, you’ll find real-world reviews and deep dives into how these tokens behave in practice. Some posts show you how to claim airdrops tied to stablecoin protocols. Others break down how DeFi platforms like Resolv use them for delta-neutral strategies. You’ll see how traders in Ecuador or Chad bypass banking bans using them, and how Japanese tax rules treat gains from stablecoin swaps. No fluff. Just what you need to know before you send, swap, or stake your next stablecoin.