What are stablecoins?

Last updated: February 2, 2026

Stablecoins are digital currencies designed to maintain a stable value, usually equal to 1 U.S. dollar. Unlike traditional cryptocurrencies that fluctuate in price, stablecoins are built to be predictable and reliable, making them practical for everyday payments and transfers.

Think of a stablecoin as a “digital dollar” that can move instantly over the internet.

Why HIFI Uses Stablecoins

HIFI uses stablecoins because they combine the trust of traditional money with the speed of modern payment rails.

Stablecoins Supported by HIFI

HIFI supports four trusted, widely adopted U.S. dollar stablecoins:

  • USDC – Available on Ethereum, Polygon, Solana, Base, Arbitrum, Canton

  • USDT – Available on Ethereum, Polygon, Solana

  • PYUSD – Available on Ethereum, Solana, Arbitrum

  • USDG – Available on Ethereum