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<article xsi:noNamespaceSchemaLocation="http://jats.nlm.nih.gov/publishing/1.1/xsd/JATS-journalpublishing1-mathml3.xsd" dtd-version="1.1" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><front><journal-meta><journal-id journal-id-type="publisher-id">PBES</journal-id><journal-title-group><journal-title>Proceedings of Business and Economic Studies</journal-title></journal-title-group><issn>2209-2641</issn><eissn>2209-265X</eissn><publisher><publisher-name>Bio-Byword Scientific Publishing Pty. Ltd.</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26689/pbes.v9i2.14106</article-id><article-categories><subj-group subj-group-type="heading"><subject>Article</subject></subj-group></article-categories><title>The Basic Characteristics of Stablecoins</title><url>https://artdesignp.com/journal/PBES/9/2/10.26689/pbes.v9i2.14106</url><author>YuWeimin</author><pub-date pub-type="publication-year"><year>2026</year></pub-date><volume>9</volume><issue>2</issue><history><date date-type="pub"><published-time>2026-03-11</published-time></date></history><abstract>The stablecoins is stable, because the issuing process needs a full backup of a fiat currency; it is private, because unlike the fiat currency, it is not supervised by the national organs but the issuer alone; it is convenient, because it’s faster than those payment tools without the blockchain technology; but the utmost important one of all these characteristics is, half-centralized. The main object of this study is to know the basic characteristics of the stablecoins and show clearly to readers what the stablecoins (and their issuers) are, and what they could do to the modern world.</abstract><keywords/></article-meta></front><body/><back><ref-list><ref id="B1" content-type="article"><label>1</label><element-citation publication-type="journal"><p>Vigna P, Casey M, 2016, Crypto Currency: How Bitcoin and Digital Money Are Challenging the Global Economic Order (Chinese edition), Wu Jiangang (Trans.), Beijing, The People’s Posts and Telecommunications Press, Jan.2016 (First edition), 115.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B2" content-type="article"><label>2</label><element-citation publication-type="journal"><p>Popper N, 2016, Digital Gold: The Untold Story of Bitcoin (Chinese edition), Ai Bo (Trans.), Beijing, China Renmin University Press, 58–59.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B3" content-type="article"><label>3</label><element-citation publication-type="journal"><p>Li X, Zhao L, Guo X, 2023, Digital Currency and the Reform of Payment, Beijing, Economic Management Press, May 2023 (First edition), 106–110.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B4" content-type="article"><label>4</label><element-citation publication-type="journal"><p>Shumacher L, 2024, Decoding Digital Assets: Distinguishing the Dream from the Dystopia in Stablecoins, Tokenized Deposits, and Central Bank Digital Currencies, Palgrave Mcmillan, July 6, 2024, 13–16</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B5" content-type="article"><label>5</label><element-citation publication-type="journal"><p>Bit Coin World, 2025, China Stablecoins: CICC Unveils Crucial Insights on Their Future.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B6" content-type="article"><label>6</label><element-citation publication-type="journal"><p>Fan Y, 2025, Rise of Stablecoins Reshaping Global Currency Regime.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B7" content-type="article"><label>7</label><element-citation publication-type="journal"><p>Blockchain Consulting Munich, 2024, Stablecoins: What are They, and Why are They?</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B8" content-type="article"><label>8</label><element-citation publication-type="journal"><p>Lau D, Lau D, Teh S, et al., 2020, How to Defi, CoinGecko, 58–59</p><pub-id pub-id-type="doi"/></element-citation></ref></ref-list></back></article>
