Web3 is a blockchain-based evolution of the internet designed to give users greater ownership and control over their digital lives. Unlike Web2, where social networks, marketplaces, and apps are typically controlled by centralized companies, Web3 is built on decentralized protocols.

Stablecoin depeg refers to a situation in which a stablecoin moves away from its intended fixed value, such as the US dollar, euro, or gold. It can happen due to liquidity stress, reserve concerns, redemption issues, or weaknesses in the mechanism designed to keep the price stable.

USDT (Tether) and USDC (USD Coin) are the two most widely used stablecoins that act as a bridge between fiat and digital assets. Although they serve the same purpose, there are important differences that might affect your choice.

Spot trading in crypto means buying or selling a digital asset at its current market price. In simple terms, you are trading the actual asset, not a contract based on its future price.