April 26, 2026
Stablecoins are digital dollars – crypto assets pegged 1:1 to fiat currency. They move on blockchain rails but hold a stable USD value.
Stablecoins combine the stability of fiat currencies like USD with the speed and transparency of blockchain networks. A dollar in stablecoin form moves in seconds, across borders, for cents – with no bank in between.
In EXTRA SAFE, stablecoins are the natural medium for everyday transfers: send USDT to a contact in chat just like sending a photo. The recipient gets digital dollars they can hold, transfer, or eventually convert to local currency.
USDT (Tether) is the most widely used stablecoin globally. USDC (Circle) is known for higher regulatory transparency. Both are backed one-to-one by US dollar reserves and supported across Ethereum and Arbitrum.
Can stablecoins lose their peg to the dollar?
Major stablecoins like USDT and USDC are designed to maintain a 1:1 USD peg and are backed by reserves. De-pegging events have been rare for major issuers, but no financial instrument carries zero risk. EXTRA SAFE does not take any position on the creditworthiness of stablecoin issuers.
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