---
title: "Discussion on \"What is a stablecoin? In plain words\" | Hashnode"
description: "Discussion on \"What is a stablecoin? In plain words\". A stablecoin is a token built to track a set value, usually a dollar. How reserves and a coat check keep USDC close to it, and why close is not fixed."
url: "https://hashnode.com/posts/what-is-a-stablecoin-in-plain-words/6af08be893de6999a5096927"
---

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# [What is a stablecoin? In plain words](https://cleaveprotocol.hashnode.dev/what-is-a-stablecoin-in-plain-words?utm_source=hashnode&utm_medium=feed)

A stablecoin is a token built to track a set value, usually a dollar. How reserves and a coat check keep USDC close to it, and why close is not fixed.

5d ago · 4 min read · cleaveprotocol.hashnode.dev  
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-   [#defi](https://hashnode.com/tag/defi)
-   [#stablecoin](https://hashnode.com/tag/stablecoin)
-   [#usdc](https://hashnode.com/tag/usdc)
-   [#crypto-basics](https://hashnode.com/tag/crypto-basics)

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Cleave Protocol splits each swap across many pools and paths on six chains, and a cross-chain swap takes one signature. Cleave's fees are included in the price. Apps and AI agents use the same quotes through our API, MCP server and SDKs. https://cleave.fi

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