# Stablecoin, Plainly > Stable money, explained once, properly Stablecoin, Plainly covers onramp, offramp, swap, corporate wallet, custody, acquiring, stablecoin payments, bitcoin payments, otc, licensing, cards, industries, exchange and nothing else. Every article is written by Felix Oduya. Explains stablecoins to the people who have to use them rather than trade them. The intended reader is businesses and individuals holding stablecoins for payment, not for speculation. No price predictions, no investment advice and no paid placements: articles explain how something works so the reader can decide for themselves. Where a number matters, the article states where it came from and when it was measured. 20 articles, published 2026-07-23 to 2026-10-24. Every article is also served as plain Markdown: replace the trailing slash with `.md` — https://stablecoinplainly.com/merchants-prefer-stablecoins.md ## Acquiring - [Why Merchants Prefer Stablecoins to Bitcoin for Invoices](https://stablecoinplainly.com/merchants-prefer-stablecoins/): The reason is not ideology. It is that an invoice has an amount on it and bitcoin does not stay at that amount. - [Settlement in Stablecoins Versus a Bank Wire, Compared](https://stablecoinplainly.com/stablecoin-versus-bank-wire/): Side by side on cost, speed, reversibility and what happens when something goes wrong. Neither wins on every row. ## Corporate wallet - [Wallets That Support Stablecoins Properly, and What That Means](https://stablecoinplainly.com/wallets-that-support-stablecoins/): Many wallets display a stablecoin and cannot actually move it. The difference is a second token you do not have. - [Stablecoins and Accounting: What Your Bookkeeper Will Ask](https://stablecoinplainly.com/stablecoins-and-accounting/): Six questions come up every time, and preparing for them turns a messy year end into an ordinary one. - [Choosing Between Two Stablecoins for a Business Account](https://stablecoinplainly.com/choosing-between-two-stablecoins/): The decision comes down to four practical questions, none of which is which one is safer in the abstract. - [Holding Stablecoins for Payroll: What Can Go Wrong](https://stablecoinplainly.com/stablecoins-for-payroll/): Paying people in stablecoins introduces four failure points that a bank transfer does not have. Each one is manageable if you plan for it. ## Swap - [Picking a Chain for a Recurring Monthly Payment](https://stablecoinplainly.com/picking-a-chain-for-recurring-payment/): Choosing once and sticking to it beats optimising per transfer. The four criteria that decide it, in order. - [Networks Explained: Sending the Same Token Five Ways](https://stablecoinplainly.com/networks-five-ways/): A practical comparison of the common networks for moving stablecoins, by cost, speed and who can actually receive on them. ## Custody - [Can You Lose Money Holding a Stablecoin? Yes, Here Is How](https://stablecoinplainly.com/can-you-lose-money-holding/): Five ways a balance that says one thousand dollars becomes worth less than that. None of them requires the peg to break. - [How Issuers Freeze Funds, and When They Do It](https://stablecoinplainly.com/how-issuers-freeze-funds/): The large stablecoins can freeze a balance at the token level. Understanding when and why is part of deciding how much to hold. ## Stablecoin payments - [Treasury Bills Behind a Token: The Plain Version](https://stablecoinplainly.com/treasury-bills-behind-a-token/): Most of the reserve behind a dollar stablecoin is short-term government debt. What that is and why it was chosen. - [When a Peg Breaks: What Happened and What Followed](https://stablecoinplainly.com/when-a-peg-breaks/): Pegs have broken for three different reasons, and the recovery looked different each time. What the pattern tells a holder. - [The Difference Between Pegged, Backed and Collateralised](https://stablecoinplainly.com/pegged-backed-collateralised/): Three words used interchangeably in marketing that mean three different things. The distinction decides how a stablecoin fails. - [Do Stablecoins Pay Interest, and Who Actually Keeps It](https://stablecoinplainly.com/do-stablecoins-pay-interest/): The reserve behind a stablecoin earns money. Whether any of it reaches you depends on arrangements with real risk attached. - [Why the Same Stablecoin Costs Different Amounts on Different Chains](https://stablecoinplainly.com/same-coin-different-chains/): One token, several networks, and a transfer cost that varies by a factor of a hundred. What the chain actually changes. - [What Backs a Stablecoin, and How You Check](https://stablecoinplainly.com/what-backs-a-stablecoin/): A stablecoin is a promise that something is held somewhere. Here is what that something usually is and how to verify it yourself. ## Exchange - [Fees on a Stablecoin Transfer, Line by Line](https://stablecoinplainly.com/fees-on-a-stablecoin-transfer/): Four charges can apply to one transfer and only one is quoted. A breakdown of each and where it is disclosed. ## Licensing - [Is a Stablecoin a Deposit? Why the Answer Matters](https://stablecoinplainly.com/is-a-stablecoin-a-deposit/): A bank deposit and a stablecoin balance look the same on a screen. What protects them is entirely different. - [Reading an Attestation Report Without an Accounting Degree](https://stablecoinplainly.com/reading-an-attestation/): Issuer reports are short and mostly unreadable. Five things in them actually tell you something, and they take ten minutes to find. ## Offramp - [Redemption: What Happens When You Hand a Stablecoin Back](https://stablecoinplainly.com/redemption-explained/): Most holders never redeem directly, and that is why the mechanism is worth understanding. It is what holds the price at a dollar. ## About this site - [About](https://stablecoinplainly.com/about/): what the site covers, who writes it and how articles are checked. - [Author](https://stablecoinplainly.com/author/): Felix Oduya. Explains stablecoins to the people who have to use them rather than trade them. - [Contact](https://stablecoinplainly.com/contact/): corrections and questions. - [Privacy](https://stablecoinplainly.com/privacy/): what the site does and does not collect. ## Machine-readable - [https://stablecoinplainly.com/llms-full.txt](https://stablecoinplainly.com/llms-full.txt): full text of every article in one file. - [https://stablecoinplainly.com/sitemap-index.xml](https://stablecoinplainly.com/sitemap-index.xml): every indexable URL. - [https://stablecoinplainly.com/rss.xml](https://stablecoinplainly.com/rss.xml): feed of new articles.