Stable coins are becoming more and more widespread and are becoming increasingly important as a trading vehicle. But what is a stable coin? Stable Coins promise – according to the German translation – a stable value in digital form. Depending on its orientation, a stable coin can either stand for a certain amount of fiat currency (US dollars, euros, etc.) or for the corresponding amount of raw materials (an ounce of gold, a barrel of oil, etc.). A Coin enables the quick exchange of crypto assets (e.g. Bitcoin) into a traditional asset (e.g. US dollars) without having to leave the crypto exchange.