Stable money, explained once, properly
Every page here takes one idea and explains it properly: what it is, how it behaves, and what usually goes wrong. No prior knowledge assumed, and nothing left out to keep it short.
Why Merchants Prefer Stablecoins to Bitcoin for Invoices
The reason is not ideology. It is that an invoice has an amount on it and bitcoin does not stay at that amount.
Everything else, explained
Wallets That Support Stablecoins Properly, and What That Means
Many wallets display a stablecoin and cannot actually move it. The difference is a second token you do not have.
swapPicking a Chain for a Recurring Monthly Payment
Choosing once and sticking to it beats optimising per transfer. The four criteria that decide it, in order.
custodyCan You Lose Money Holding a Stablecoin? Yes, Here Is How
Five ways a balance that says one thousand dollars becomes worth less than that. None of them requires the peg to break.
corporate walletStablecoins and Accounting: What Your Bookkeeper Will Ask
Six questions come up every time, and preparing for them turns a messy year end into an ordinary one.
stablecoin paymentsTreasury Bills Behind a Token: The Plain Version
Most of the reserve behind a dollar stablecoin is short-term government debt. What that is and why it was chosen.
acquiringSettlement in Stablecoins Versus a Bank Wire, Compared
Side by side on cost, speed, reversibility and what happens when something goes wrong. Neither wins on every row.
custodyHow Issuers Freeze Funds, and When They Do It
The large stablecoins can freeze a balance at the token level. Understanding when and why is part of deciding how much to hold.
exchangeFees on a Stablecoin Transfer, Line by Line
Four charges can apply to one transfer and only one is quoted. A breakdown of each and where it is disclosed.
corporate walletChoosing Between Two Stablecoins for a Business Account
The decision comes down to four practical questions, none of which is which one is safer in the abstract.
licensingIs a Stablecoin a Deposit? Why the Answer Matters
A bank deposit and a stablecoin balance look the same on a screen. What protects them is entirely different.
swapNetworks Explained: Sending the Same Token Five Ways
A practical comparison of the common networks for moving stablecoins, by cost, speed and who can actually receive on them.
stablecoin paymentsWhen a Peg Breaks: What Happened and What Followed
Pegs have broken for three different reasons, and the recovery looked different each time. What the pattern tells a holder.
licensingReading an Attestation Report Without an Accounting Degree
Issuer reports are short and mostly unreadable. Five things in them actually tell you something, and they take ten minutes to find.
corporate walletHolding Stablecoins for Payroll: What Can Go Wrong
Paying people in stablecoins introduces four failure points that a bank transfer does not have. Each one is manageable if you plan for it.
stablecoin paymentsThe Difference Between Pegged, Backed and Collateralised
Three words used interchangeably in marketing that mean three different things. The distinction decides how a stablecoin fails.
stablecoin paymentsDo Stablecoins Pay Interest, and Who Actually Keeps It
The reserve behind a stablecoin earns money. Whether any of it reaches you depends on arrangements with real risk attached.
offrampRedemption: What Happens When You Hand a Stablecoin Back
Most holders never redeem directly, and that is why the mechanism is worth understanding. It is what holds the price at a dollar.
stablecoin paymentsWhy the Same Stablecoin Costs Different Amounts on Different Chains
One token, several networks, and a transfer cost that varies by a factor of a hundred. What the chain actually changes.
stablecoin paymentsWhat Backs a Stablecoin, and How You Check
A stablecoin is a promise that something is held somewhere. Here is what that something usually is and how to verify it yourself.