More terms
Stablecoin
A crypto asset designed to track a reference value, usually a fiat currency; the treatment of payment stablecoins depends on current statute and the instrument's actual terms.
What traders should verify
For Stablecoin, identify the network, application, asset, holder rights, transfer mechanics, issuer or operator, and the date of the SEC source's characterization.
Do not conflate
The label Stablecoin, its technical function, or one SEC staff description does not by itself determine the legal treatment of every asset or transaction.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.