How stablecoins work
A fiat-backed stablecoin aims to keep a 1:1 value with its reference currency, backed by reserves. This makes them useful for moving value on-chain without the volatility of assets like BTC or ETH.
Why stablecoins are used in payments
Stablecoins enable fast, low-cost settlement and are widely used for on/off-ramps, treasury and cross-border flows. PlatinumEdge supports leading stablecoins alongside major coins for conversion and settlement.
FAQ
Are stablecoins risk-free?
No. Digital assets, including stablecoins, carry risk - including the risk that a coin loses its peg. They are largely unregulated and you should only transact with funds you can afford to lose.
Which stablecoins does PlatinumEdge support?
Leading stablecoins such as USDT and USDC, alongside major coins like BTC and ETH, for conversion and settlement.