Cryptocurrencies
Stablecoins explained: three mechanisms, and how each has failed
How fully reserved, over-collateralised and algorithmic stablecoins each hold their peg — and what has actually happened when each came under stress.
Live market data for Stable, refreshed every five minutes. This page reports what the STABLE price has done — not what it will do. Nothing here is advice.
Stable
STABLE #57
$0.0324 -0.52% 24h
No chart
STABLE has no Binance USDT pair, so there is no price series to draw. Rather than substitute a different market at different prices, this space stays empty.
01
How easily it trades, and how big it is relative to the rest
of market cap traded in 24h
by market capitalisation
Why turnover matters more than it looks
Turnover in this range generally means you can buy and sell without moving the price much. That is a statement about the market, not about whether the asset is any good.
02
How many exist, and how many can
A capped supply limits how many more can ever be created. It says nothing about demand, and a cap is only as firm as the rules that set it — which, for most projects, people can change.
03
STABLE ↔ USD
Uses the price above. An exchange will quote something different once spread, fees and withdrawal costs are applied — the gap is usually wider than people expect.
04
Context the numbers do not give you
No explainer yet
Coinculb has not published a guide to Stable. We would rather leave this blank than auto-generate a description of an asset nobody here has researched. The market data above is real; treat the absence of analysis as exactly that.
Before you act on any of this
Crypto prices move sharply and can go to zero. Nothing on this page is advice, a recommendation or a forecast — it is public market data with context. Coinculb earns no commission on anything mentioned here.
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How fully reserved, over-collateralised and algorithmic stablecoins each hold their peg — and what has actually happened when each came under stress.
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