Cross-sectional data on stablecoin characteristics

Abstract

The article presents a dataset on the characteristics of stablecoins. Stablecoins represent a relatively young but increasingly important branch of the cryptocurrency market. Although they all share the same goal of maintaining a stable value in the digital market, they form a highly heterogeneous group. They differ in terms of collateral and stabilization mechanism, peg, availability of the technical documentation, presence on crypto exchanges or age. The dataset is cross-sectional and was created based on internet research. Individual information was collected from websites of the stablecoin projects and a crypto-data aggregator, and to a lesser extent from other auxiliary sources (websites related to finance and cryptocurrencies). The dataset is unique as there are no publicly available databases encompassing the features of stablecoins. It can be used in all stablecoin-related analyses to characterise the examined coins and to investigate the relationship between cryptocurrency market developments and stablecoin features.